South African authorities have arrested six alleged investment scammers and 25 call centre agents in Johannesburg as part of a coordinated operation targeting fraudulent schemes, charging them under financial services legislation in a probe linked to INTERPOL’s global Operation JACKAL.
Police said further arrests and charges are possible as investigations continue into the suspected online investment fraud.
In a separate case, the Directorate for Priority Crime Investigation (Hawks) arrested five individuals and four companies over an alleged multimillion-rand fraud, theft and money-laundering scheme involving construction firm Pro Khaya, where a former manager is accused of creating a private company, colluding with subcontractors, and using fictitious invoices to siphon an estimated R12 million between 2015 and 2018.
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