Alleged Fraudster Mbhasoshi Zulu Remanded Over 76 Charges, Including Contempt of Court

Alleged Fraudster Mbhasoshi Zulu Remanded Over 76 Charges, Including Contempt of Court

  • A 41-year-old man, facing 76 charges linked to fraud and money laundering, has been remanded in custody
  • Mbhasoshi Zulu allegedly convinced people to invest in his company, Mbhasi Trading, for a share of future profits
  • Zulu, who also absconded from his previous court appearance, will return before the Bethal Magistrate Court on 20 June 2024

Zingisa Chirwa is an experienced Briefly News journalist based in Johannesburg, South Africa, who has covered Mpumalanga crime stories and current affairs on the radio for over 15 years.

Mbhasoshi Zulu is facing 76 charges linked to fraud and money laundering, has been remanded in custody by the Delmas Regional Court.
The alleged fraudster, Mbhasoshi Zulu, will remain in custody until his next court appearance at the Delmas Regional Court.
Source: UGC

A 41-year-old man accused of 76 charges, including contempt of court, fraud and money laundering, will remain behind bars until his next court appearance.

Mpumalanga SAPS nab alleged fraudster

Mbhasoshi Zulu was arrested in Barberton on 18 June 2024 after he failed to appear in court on 4 June 2024. He briefly appeared in Bethal Magistrate Court in Mpumalanga on 19 June 2024, where his case was postponed for an enquiry on the contempt of court charge.

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According to the authorities, Zulu coerced unsuspecting investors to finance his company, Mbhasi Trading (PTY) LTD, in exchange for a share of future profits. It's alleged that Zulu conducted the alleged bogus deals between 04 September 2020 and 05 January 2021. The Hawks’ Mpumalanga spokesperson, Captain Dineo Lucy Sekgotodi, told Briefly News that the victims did not receive any profits but lost all their hard-earned money.

Sekgotodi added that Zulu would return to the dock on 20 June 2024.

South Africans weigh in

Some Mzansi residents shared their differing views on Zulu's arrest and alleged crimes.

Martie Beukes said:

“And he will walk free if bail was set.”

Bongani Mgubela added:

“The deepest sin against the human mind is to believe things without evidence.”

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Jola Majolaz giggled:

“People don't listen; they want to be rich quickly ”

Lala Manana stated:

“Salute”

Má Stér commented:

“76 charges”

Delmas court postpones case of retired officer

Briefly News reported that a 60-year-old former SAPS member was accused of evidence tampering after he threw out exhibits collected during an illegal mining operation.

Samuel Mahlangu, who signed for the items when they were logged at the SAPS 13 exhibits register, claimed he was unaware that they were exhibits.

The former Warrant Officer appeared before the Delmas Magistrate Court, where his case was postponed to 27 June 2024.

Source: Briefly News

Authors:
Zingisa Chirwa avatar

Zingisa Chirwa (Editor) Zingisa Chirwa is an experienced broadcast journalist who has worked predominantly in radio newsrooms for over 15 years. Chirwa has occupied numerous positions, including news journalist, editor and current affairs host, focusing mainly on Mpumalanga politics and business. You can reach Zingisa at zingisa.chirwa@briefly.co.za.