يحاول ذهب - حر
Goqo appeals sentence for R70m Ponzi scheme
September 29, 2025
|The Star
NSIKAYOMUZI Goodman Gogo, a fraudster sentenced to eight years in prison for swindling investors out of more than R70 million, is seeking to appeal his conviction and sentence.
He claims the Pinetown Regional Court's decision was influenced by anger.
Gogo faced over 4 000 charges, including fraud and contraventions of the Banks Act. Between 2009 and 2010, he lured over 4 000 investors into a Ponzi scheme through his company, Ingede Mineral Holdings, which had offices in Hillcrest, promising a 30% interest over six months on stock exchange investments.
Contracts were signed with investors. Before his conviction, he had been out on R50 000 bail, which was granted in March 2014.
هذه القصة من طبعة September 29, 2025 من The Star.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من The Star
The Star
Teen builds Al diffusion model while achieving academic excellence
TRINITYHOUSE student Tristan Jay Neale is a remarkable example of tenacity and ingenuity during a challenging academic year.
1 mins
January 12, 2026
The Star
'WE'RE NOT LAZY,' YOUTH HIT BACK AT MANTASHE
Rustenburg young people express pain and frustration over unemployment
3 mins
January 12, 2026
The Star
Ramlal: Balancing academics with competition
SASHEN Ramlal, a Crawford International Lonehill matriculant, has balanced national-level academic competition with a demanding subject load, through discipline, resilience, and unwavering focus.
1 min
January 12, 2026
The Star
Treasury releases withheld funds to 75 municipalities, urges tighter fiscal discipline
THE National Treasury and the South African Local Government Association (Salga) have confirmed that the December tranche of the Local Government Equitable Share (LGES) was disbursed over the festive period to 75 municipalities whose funds had been withheld due to financial mismanagement.
1 mins
January 12, 2026
The Star
Wentzel's triumph over academic and health hurdles
FOR Celia Falconer Wentzel of Crawford International Sandton, the matric year unfolded with an uncommon sense of calm rather than chaos.
1 min
January 12, 2026
The Star
How Africa can turn fragmented mineral belts into coherent regional value chains
In 2023, a mine operating along the Central African Copperbelt moved its first test consignment through the Lobito Corridor, using the refurbished rail spine that links the Democratic Republic of Congo to Angola's Atlantic coast.
4 mins
January 12, 2026
The Star
How Tshegofatso Mashatola turned around academic disappointment
FROM academic disappointment to well-earned distinction, Tshegofatso Mashatola of Crawford International Ruimsig turned one of her toughest matric lows into a powerful comeback story defined by resilience, reflection and reward.
1 mins
January 12, 2026
The Star
Life coach's reign of terror laid bare in ‘Evil Influencer’
DOCUMENTARIES like this aren't made for comfort.
3 mins
January 12, 2026
The Star
Copper lure drives Rio Tinto into R3.4trln merger talks with Glencore
Shares in Glencore surge 10% on the Johannesburg Stock Exchange, closing at over R100-per-share
2 mins
January 12, 2026
The Star
Meta partners with US nuclear companies to power AI data centers
TECH giant Meta has announced major agreements with three US nuclear energy companies that it says will add up to 6.6 gigawatts of clean power by 2035.
2 mins
January 12, 2026
Listen
Translate
Change font size