NORTH WEST – The Hawks’ Serious Commercial Crime Investigation team in Klerksdorp is searching for a wanted suspect, Matlakala Zacharia Rapholo (40) for alleged charges of fraud and money laundering.
It is alleged that in June 2014, he operated a fraudulent investment scheme on Steen Street in Rustenburg under the company named Monono Investment Holding which later changed to Greenfields Trading Academy Investment. They allegedly enticed unsuspecting investors and promised them 100% profit which never materialised. The investors lost a combined amount of more than R1.3 million invested excluding ‘profit’.
The matter was reported to the Hawks for investigation. A warrant for Rapholo’s arrest has been issued by the Rustenburg Magistrates’ court. He is believed to be in Soweto township in Johannesburg, Gauteng. His alleged accomplice, James Thabo Mudau was arrested in November last year and he is out on bail.
Anyone with the information on his whereabouts can contact the investigating officer, Captain Vincent Hoffman on 079 496 9806 or the nearest police station.
Source: South African Police Service