EconomicSouth Africa·Unpinned16 Oct 2026
Free State stokvel fraudster sentenced to 10 years in prison
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On 15 October, the Bloemfontein Regional Court sentenced 31-year-old Lebohang Mokatedi to 10 years of effective imprisonment for fraud, theft, and money laundering involving a deceptive stokvel scheme. Mokatedi had solicited monthly contributions between R100 and R500 from victims in Bloemfontein and Botshabelo under the guise of a 'Christmas' stokvel, but…
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The Citizen SA
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