Publish date | 07 May 2019 |
Issue Number | 1780 |
Diary | Legalbrief eLaw |
* The Financial Sector Conduct Authority (FSCA) yesterday welcomed the sentencing of Durban forex scammer Jabulani Ngcobo on several counts of fraud. Ngcobo, who claims to be a self-made millionaire as CEO of Cashflow Pro, last year published a book (Cashflow Naked) sharing his life story and how he made a fortune in forex. Angolan businessman Francis Boole laid a charge of fraud against Ngcobo in Johannesburg last year, accusing him of having conned him of R100 000 in a forex trade deal that went wrong.