THERE is a R10 000 reward for whoever will help the cops catch him.
Police have launched a manhunt for Forex trade multi millionaire Prince Mazibuko.
Mazibuko is known for his flashy lifestyle and being a young entrepreneur who became a multi millionaire at the age of 23.
But Sandton police have now issued a warrant of arrest for the young entrepreneur, alleging that he is responsible defrauding many people of their millions.
There is a R10 000 reward for whoever will help the cops catch him.
He rose to fame through forex after he opened a company called BORN RICH GROUP that focuses on different sectors in the business world such as logistics, supply chain industry, events and sound and many more. In 2013 he started a company that is focusing on gospel events which is called LIFE OVER FLOW EVENTS AND SOUND. He claimed to be a young man driven by the belief in Dreams. “I personally believe in chasing the passion one has in the heart” he said.
Speaking to one of Princes’s alleged victims Lina Mathebula who said she was defrauded of R500 000, said: “I fell so stupid this man has taken all my heard earned money. I was introduced to him by a friend as he was known to be a successful Forex trader and one of the young millionaires "I first met him in May and he told me that for me to be able to be registered I needed to send him R500 000 so that he can send it to my broker to register me but that’s the last I have seen or heard of him.”
But to Lina’s surprise she was told she is not the first person to fall victim to Princes alleged scam and he's now wanted by police.
A Warrant of arrest has been issued for Prince Mazibuko in Sandton.
The IRS is offering reward for his apprehension. Please contact IRS investigator Enock Masingi with any information on 0861 911 477 or [email protected].
Prince Mazibuko appeared in the Randburg Magistrates Court in June, to answer charges of fraud.
But he walked out of court when the case was dismissed for lack of evidence.
