1.0Times South Africahttps://timessouthafrica.comweb deskhttps://timessouthafrica.com/author/webdesk0008/Fake investment scheme mastermind convicted for fraud - Times South Africarich600338<blockquote class="wp-embedded-content" data-secret="l6R0TAnxVd"><a href="https://timessouthafrica.com/fake-investment-scheme-mastermind-convicted-for-fraud/">Fake investment scheme mastermind convicted for fraud</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://timessouthafrica.com/fake-investment-scheme-mastermind-convicted-for-fraud/embed/#?secret=l6R0TAnxVd" width="600" height="338" title="“Fake investment scheme mastermind convicted for fraud” — Times South Africa" data-secret="l6R0TAnxVd" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> PRETORIA- The former Chief Financial Officer at Collins Chabane Municipality has been arrested on Thursday, 5 May 2022 for his alleged involvement in unlawfully and irregularly investing municipal money with VBS Mutual Bank. It is alleged that on 23 October 2017, Collins Chabane Municipality invested R120 million with VBS in contrary with the Municipal Finance ... Read more