Free State – Police are searching for two persons of interest who may assist with an investigation into an alleged R290,000 investment scam that left a 37-year-old woman out of pocket.
The South African Police Service (SAPS) said the Free State Provincial Commercial Crimes Investigation Unit, based in Welkom, is investigating a fraud case after the woman was allegedly duped by her boyfriend and one of his acquaintances.
According to police, the incident began on 1 June 2026, when the woman’s partner allegedly persuaded her to invest money in what was presented as a lucrative investment opportunity.
“It is alleged that on 1 June 2026, the victim was convinced by her partner to make a financial investment. They then spoke telephonically to a male who identified himself as Mr Mark from an alleged investment company,” SAPS said in a statement.
Police said the man, who identified himself as “Mr Mark”, allegedly encouraged the couple to invest R1 million, promising a return of R1.2 million.
On 4 June, the woman allegedly transferred R130,000 from her personal bank account into what police described as the Visitor Point investment account. She deposited a further R160,000 the following day, while her boyfriend allegedly undertook to pay the remaining balance.
“Two weeks later, the victim realised that something was amiss when she could not get hold of her partner or Mr Mark. The victim came to the realisation that she may have been defrauded and then reported the matter to the police,” SAPS said.
A case of fraud was subsequently opened for further investigation.
Police have since identified Shariffe Joseph Lobato and Maurice Mulindwa (38) as persons of interest.
“Shariffe Joseph Lobato and Maurice Mulindwa (38) have been identified as persons of interest. It is believed they may assist police with the investigation,” the statement said.
Police are appealing to anyone with information about the whereabouts of the two men to come forward.
Anyone who may be able to assist is urged to contact Detective Constable Sesing of the Provincial Commercial Crimes Investigation Unit on 083 875 4897. Information can also be provided anonymously via the Crime Stop number 08600 10111 or through the MySAPSApp.
Follow African Insider on Facebook, X and Instagram
Picture: Facebook/SAPS
For more African news, visit Africaninsider.com
Compiled by Betha Madhomu
