Cape Town – A 30-year-old woman from Fourways is set to face charges of fraud and money laundering in connection with an alleged cryptocurrency fraud scheme.
The Hawks arrested her on Monday and is scheduled to make a court appearance at the Alexandra magistrate’s court on Wednesday.
“It is reported the suspect went on a community radio station and allegedly encouraged members of the community to invest in the alleged fraudulent cryptocurrency scheme,” said Hawks spokesperson Captain Tlangelani Rikhotso.
Her husband had previously been arrested in May for defrauding an investor of R600 000 in 2021.
The investor initially invested R100 000 and received dividends but later invested an additional R500 000 with promises of significant returns. However, the dividends decreased, and he eventually received nothing, leading to the involvement of the police.
The woman’s husband is currently out on R20 000 bail.
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Compiled by Betha Madhomu
