Businessman jailed three years for $200k fraud

 

Prosper Dembedza

Herald Correspondent

A Harare businessman will spend three years in jail after Harare Magistrate Clever Tsikwa found him guilty of defrauding a local woman of $200 000 in a botched deal to import goods from South Africa.

Steven John Bass was initially sentenced to eight years in jail, but two years were suspended on condition of good behaviour.

Another three years were set aside on condition that Bass restitutes $160 000 before August 29, 2025.

According to the State, Bass approached the complainant in December 2021 with a business proposal to import goods from South Africa for resale in supermarkets.

Bass claimed that he had orders but needed capital. The complainant was convinced to invest $200 000 in the deal.

After receiving the complainant’s $200 000, Bass became evasive.

The complainant discovered the fraud and reported it, leading to Bass’ arrest.

Related Posts

Pensioner ordered to pay US$120 maintenance for four children

  Sharon Jiyamwa Herald reporter The Harare Civil Court has ordered a local man to pay US$120 or its Zimbabwe-dollar equivalent per month towards the upkeep of his four minor…

Transboundary tourism blueprint to unlock US$5 billion economy unveiled at Sanganai/Hlanganani Expo

  Thupeyo Muleya Beitbridge Bureau The Government has outlined an ambitious plan to transform Zimbabwe’s South-East Lowveld in the Greater Limpopo Transfrontier Conservation Area (GLTFCA) into a high-value transboundary safari…

Leave a Reply

Your email address will not be published. Required fields are marked *