Arrest Made at Groblersbridge Port of Entry; More Arrests Expected
By Award winning journalist Victor Mukwevho Ne-vumbani.
The Serious Commercial Crime Investigation Unit of the Hawks has arrested a 41-year-old man in connection with an alleged R423 000 forex investment scam.
The suspect was apprehended on 18 February 2026 at Groblersbridge Port of Entry while reportedly attempting to cross into Botswana.
According to information released by the Hawks, the case dates back to August 2019 when a woman who identified herself as “Queen” allegedly recruited the victim to invest in a forex trading scheme. After a presentation, the victim was provided with a bank account into which she deposited R423 000 in three separate transactions.
The victim was allegedly promised returns of more than R700 000 by October 2019.
However, when the investment term lapsed, she attempted to contact “Queen” to withdraw her funds, only to find that the phone was switched off. Realising she had possibly fallen victim to a scam, she reported the matter to the police in Ohrigstad.
A case of fraud was registered and later transferred to the Phalaborwa-based Hawks’ Serious Commercial Crime Investigation Unit for further investigation.
Investigators linked the suspect to the crime after establishing that the funds had been deposited into his bank account. A manhunt was subsequently launched, leading to his arrest.
The suspect is expected to appear soon before the Praktiseer Magistrate’s Court on charges of fraud, theft and money laundering.
More arrests are imminent as investigations continue.
The Acting Provincial Head of the Hawks in Limpopo, Brigadier Desmond Alexander, applauded the arresting team for their dedication and urged community members to exercise caution when approached with investment opportunities promising unusually high returns.
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