GAUTENG – Zama Precious Ngubane (39) appeared in the Tsakane Magistrates Court facing charges of fraud and theft yesterday.

It is alleged that in April last year, three clients had a consultation at a Nedbank branch in Tsakane to invest an amount of R1.7 million collectively.  During the consultation, clients were allegedly referred to a private investment broker, Ngubane who is the Director at Ezamankomo (PTY) Ltd.

Ngubane allegedly promised guaranteed lucrative dividends the potential investors will receive for the five year investment plan at her company.

The Hawks’ Serious Commercial Crime Investigation successfully traced and apprehended Ngubane in Springs yesterday and charged her with fraud and theft.

Ngubane appeared in the Tsakane Magistrates Court on the same day and granted R3000 bail. The case is postponed to Monday, 14 June 2021 for the matter to be transferred to Tsakane Regional Court.

Source: South African Police Service