Forex trader and alleged scammer Sandile Shezi has officially opened his very own political party and he is ready to dedicate his time to amending his life. ZiMoja reported last month that he has been missing for months without a trace after he allegedly defrauded several people through forex trading.

OPENING A POLITICAL PARTY

The controversial trader's publicist tells ZiMoja that he opened the political party Vuka Ma-Afrika. "He hasn't as yet outlined the details of what his political party will focus on, but he wants to clear his name from any links to forex scams,' she says. "He wants anyone who feels wronged by him to come forward. He is willing to make changes to his life and he will be starting this by opening his political party. He will be visiting all nine provinces to deliver this message. I don't know what is to come yet, I have not communicated with him since yesterday and any announcements will be made in due time.' She says she cannot disclose the whereabouts of the forex trader. "I am not at liberty to disclose his whereabouts or discuss anything without his approval.'

SANDILE'S VICTIMS

Last year, The Wynberg Magistrates Court withdrew a case of fraud against the self-proclaimed millionaire after he paid back R200 000, which he allegedly defrauded an investor Angela Mabena. Another victim, businessman Alan Ledwaba also dropped charges after he received his money back from Sandile. His victims keep resurfacing. Sandile is dealing with a lengthy legal battle involving victims who opened cases of theft against him. He has also been accused by a Limpopo man for scamming him R1 million and 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.

THE YOUNGEST SELF-MADE MILLIONAIRE

Sandile portrayed an expensive lifestyle with cars and watches on social media, calling himself the youngest self-made millionaire from forex trading. He became well-known over six years ago, as a self-made youngest crypto and forex millionaire. He is the owner of the Global Forex Institute company, which is accused of fraud by the victims. 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, and Jabulani 'Cashflow' Ngcobo are just some names linked to scamming people.