Connect with us

Hi, what are you looking for?

BUSINESS NEWS

Linds Balpai of Lee Capital (Pvt) Ltd Loses $8 m In Forex Deal

A Harare businesswoman, Linds Balpai, who is a director at Lee Capital (Pvt) Ltd, a real estate company, has lost $8 million in a forex exchange deal

It is alleged that sometime in November 2022, Balpai’s tenant, Manoj Prasad, lost his mobile phone, which John Kandemiri (57) found and used.

Balpai sent messages to Prasad’s Whatsapp account, looking for US$10 000 not knowing that Prasad didn’t have the phone.

Kandemiri, who had the phone, asked Balpai to deposit money in a CBZ Bank account which belonged to a company called Capital Hive Private Limited.

The following day, Balpai went to Prasad’s residence to collect the US$10 000 but he professed ignorance of the transaction indicating that he had lost his phone.

Balpai then realised that she had been duped and reported the matter to the police.

Capital Hive director, Anistos Munyaradzi Makanda was then picked on December 12 for questioning.

It was established that sometime in November 2022, he was approached by Lighton Lloyd Chizema, who is on the run, and was told that he knew someone with $8 million who was looking for US dollars.

Makanda gave Chizema Capital Hive CBZ Bank account number, where the $8 million was transferred and received US$9 091 in return.

Chizema and Kandemiri shared the money and nothing was recovered.

John Kandemiri appeared before a Harare magistrate on Wednesday facing a fraud charge.

He was remanded in custody for bail application.

In other trending news on ZiMetro News,

Gokwe School Head In Hot Soup For Abusing Learners

 

Murwira Primary School headmaster, only identified as Mr Mugonesi is under investigation by the police for sexual abuse of pupils.

Gokwe School Head In Hot Soup For Sexually Abusing Learners

This follows the leaking of his pictures on social media earlier in the week which have since gone viral.

Zimbabwe Republic Police (ZRP) spokesperson in Midlands Province Inspector Emmanuel Mahoko confirmed the…continue reading

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

LOCAL NEWS

A house near Globe and Phoenix Mine in Kwekwe has been “swallowed” by a mine tunnel. According to the Permanent Secretary of the Ministry...

LOCAL NEWS

In a horrifying case of family violence, two innocent children were stoned to death along with their 81-year-old grandfather at Mhari Village in Bikita...

Celeb Gossip

And the first question that runs in your mind when you here this is, who is the father? Pokello has of late been rumored...

Uncategorized

Controversial comedian and musician Mai TT has reported her ex-husband Tinashe Maphosa to the police for leaking her nυde video and images. The pictures...

LOCAL NEWS

Mystery surrounds the whereabouts of the controversial self styled whistle-blower, Susan Mutami following an eletric period of exposing ZANU PF President Emmerson Mnangagwa and...

LOCAL NEWS

KUNZWANA Women’s Association director, Sekayi Wade, has been accused of embezzling about US$200 000 from funds donated by a German NGO. The funds were...

LOCAL NEWS

Following a miscommunication over the rent for their shared flat, a woman from HARARE collaborated with a friend to assault her mother with a...

LOCAL NEWS

Chairperson of Budiriro 2 Housing Pay Scheme, Robert Garikayi Jonhera, is wanted by police for defrauding home-seekers by selling them stands on land reserved...