Judge reserves judgment on diplomat’s multi-million dollar ponzi scheme

HARARE – High Court Judge Justice Sylvia Chirawu-Mugomba on Thursday reserved judgment on an application for leave to institute a class action by a group of victims of an alleged Ponzi scheme, which was being run by a former honorary diplomat from the Asia who is also African Businesswomen Association (ABWA) CEO, Shamiso Fred. The post Judge reserves judgment on diplomat’s multi-million dollar ponzi scheme appeared first on Nehanda Radio.

Judge reserves judgment on diplomat’s multi-million dollar ponzi scheme
Shamiso Fred, a former honorary diplomat from Asia, is alleged to have milked the unsuspecting victims through a Ponzi scheme disguised as a collective investment focusing on egg production and dairy farming investment schemes.
" data-medium-file="https://i0.wp.com/nehandaradio.com/wp-content/uploads/2024/05/Shamiso-Fred.jpg?fit=300%2C239&ssl=1" data-large-file="https://i0.wp.com/nehandaradio.com/wp-content/uploads/2024/05/Shamiso-Fred.jpg?fit=1015%2C810&ssl=1" tabindex="0" role="button">

HARARE – High Court Judge Justice Sylvia Chirawu-Mugomba on Thursday reserved judgment on an application for leave to institute a class action by a group of victims of an alleged Ponzi scheme, which was being run by a former honorary diplomat from the Asia who is also African Businesswomen Association (ABWA) CEO, Shamiso Fred.

The post Judge reserves judgment on diplomat’s multi-million dollar ponzi scheme appeared first on Nehanda Radio.