TVI lead in South Africa arrested

Image c/o IOL News

The lead crook in the TVI Express network in South Africa, Nonhlanhla Hadebe, has been arrested and presented with a charge sheet of 10,000 counts.

"Already stripped of her Aston Martin and Mercedes-Benz, wealthy Musgrave businesswoman Nonhlanhla Hadebe, 49, found herself in the dock of Durban’s Commercial Crime Court on Tuesday charged with contravening the Banks Act by taking almost R86 million from “investors” in what was alleged to be nothing more than a pyramid scheme."

Shame.

"In a dawn operation by the Anti-Corruption Task Force on Tuesday, she, her husband, Jabulani Hadebe, 47, her daughter, Hlengiwe Ngidi, 29, and son-in-law, Sibusiso Ngidi, 34, were arrested and charged with more than 10 000 counts involving investments in three schemes between March 2009 and September last year.

They were not granted bail and spent Tuesday night in Westville Prison."

Even more of a shame! Actually it's hilarious.

Thanks (yet again) to Kasey Chang for the update.