Online Reporter
A 63-year-old Harare man has appeared in court on charges of orchestrating an elaborate property fraud syndicate that targeted prime residential stands in Vainona valued at more than US$1,2 million.
The suspect, Michael Limosa, was arrested by the Zimbabwe Anti-Corruption Commission (ZACC) on November 6, 2026 for allegedly contravening Section 136 of the Criminal Law (Codification and Reform) Act [Chapter 9:23].
Limosa appeared before Harare magistrate Learnmore Mapiye today for initial remand.
State prosecutor Ephraim Zinyandu did not oppose bail, leading to Limosa’s release on US$1 000 bail under strict conditions.
Under the terms set by the court, Limosa was ordered not to interfere with State witnesses or ongoing investigations, to continue residing at his given residential address and to report to ZACC’s Herbert Chitepo offices every Friday between 6am and 6pm
According to court papers and ZACC investigation details, Limosa allegedly operated in collusion with accomplices who remain at large.
Between January 1, 2026 and November 6, 2026, the syndicate reportedly identified vacant or absentee-owned properties in high-value areas across Harare without the knowledge or consent of the legal owners.
The syndicate subsequently forged fictitious title deeds and ownership documents, creating shelf companies to execute fraudulent transactions.
In this instance, the accused targeting five contiguous prime parcels of land — Stand Numbers 432, 433, 434, 435 and 436 in Vainona Township (Subdivision C of Vainona), carrying a combined market value of US$1, 232 000.
To facilitate the transaction, Limosa and his accomplices allegedly passed off a shelf company, Fatherlink Investments (Private) Limited, as the legitimate title holder.
On February 20, 2026, an agreement of sale was executed between Fatherlink Investments as the seller and prospective purchaser International Traders Delight (Private) Limited.
Limosa allegedly actively participated in drafting the sale agreement, fabricating title deeds and preparing documentation for submission to the Deeds Registry to establish a facade of legitimacy.
However, ZACC anti-graft investigators, acting on intelligence, intercepted the transaction and arrested Limosa before any purchase funds were transferred.
Although International Traders Delight suffered no actual monetary loss at the time of arrest, the company faced potential prejudice of US$1,2 million.
Investigations are ongoing as anti-corruption officers track down Limosa’s accomplices, who are still at large.
