UPDATE: 29 May (8.30pm)
Cops arrest alleged fraudster
An integrated operation between the Mpumalanga Hawks’ Serious Commercial Crime Investigation and their Limpopo counterparts has resulted in the arrest of Moreke Lucky Mayane (45), in Limpopo on Wednesday, 29 May for allegedly running an illegal pyramid scheme.
He is originally from eMbalenhle.
Members of the public who might have fallen victim to the illegal investment scheme are urged to contact the investigators: Capt Samson Kolobe at 071 481 3126 or Capt Robert Mugoru at 082 050 3763 or Col Arthur Modiba at 071 481 6887.
28 May (15:40)
HIGHVELD – A 45-year-old alleged pyramid scheme fraudster, Moreke Lucky Mayane is sought by the Hawks’ Serious Commercial Crime Investigation for fraud and forgery.
Mayane allegedly operated an apparent pyramid investment scheme named ‘Weekly Cash Flow’ in eMbalenhle from around 2011.
He allegedly enticed and recruited members of the public across provinces to invest into his entity with promises of higher returns on their initial capital.
He was also active in Nebo and Burgersfort in Limpopo and Lyttelton in Pretoria.
The Hawks’ investigation has revealed that Mayane’s entity is not registered with the Financial Sector Conduct Authority (FSCA).
Mayane has disappeared with a lot of people’s hard earned money.
A warrant for his arrest has been issued and members of the public are asked to assist with information of Mayane’s whereabouts.
If you have information, contact Capt Samson Kolobe at 071 481 3126 or Capt Robert Mugoru at 082 050 3763.
