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December 19, 2022

Forex trader Sandile Shezi is a wanted man

Sandile Shezi branded himself as one of the youngest millionaire living in South Africa due to trading.
Picture: Instagram

Expensive cars, watches and a lavish life is what he portrayed on social media, calling himself the youngest self-made millionaire from forex trading. Businessperson and forex trader Sandile Shezi has since been exposed to be owing millions to alleged victims of forex scams. Sandile became well-known over six years ago, as a self-made youngest crypto and forex millionaire. The owner of the Global Forex Institute company is accused by victims of fraud. Sandile is not the only one who has been accused of scamming people through forex and crypto, DJ Zinhle's ex Brendon Naidoo, Themba 'Grootman' Selahle, Jabulani 'Cashflow' Ngcobo are just some names which have been labelled scammers.

SANDILE'S VICTIMS
His victims keep resurfacing. Sandile is dealing with a lengthy legal battle involving victims who opened cases of theft against him. The self-proclaimed multimillionaire has been named by Limpopo man for scamming him R1 million in 2018 who has since opened a case against him. Sandile currently owes half-a-million rand and R200 000 payments to two victims who invested in his crypto forex trading company.

 

A WARRANT IS OUT
Police have allegedly issued a warrant of arrest for Sandile on 8 December and he might spend the holiday season behind bars. This follows after various cases of fraud were opened against him, which amount to more than R750 000.Since the cases have been opened, Sandile has been unreachable and laying low. Police spokesperson Mavela Masondo confirms that a case has been opened and a warrant issued. "A warrant of arrest has been issued by the Sandton Police Station. A team is helping with the search and investigation.'
Sandile could not be reached in his old number, which has been off for a few days.

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