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Freeman Razemba
The Zimbabwe Anti-Corruption Commission (ZACC) has arrested five members of a bogus housing scheme who allegedly defrauded 250 home seekers of more than US$200 000.Tinomudaishe Muraicho and Tafira Makochekeranwa who are co-directors of Swandev Private Limited, together with Tichaona Murundu (the chairperson of Homeseekers for ED), Farai Nyandoro (chairperson of Pastors for ED) and Rant Dutoit Private Limited co-directors Special Magirazi and his colleague who is still at large, allegedly conspired to subdivide a portion of Elmeswood Farm belonging to Marondera Town Council and sold residential stands to unsuspecting home seekers.
Through the fraudulent housing scheme, the syndicate allegedly collected a $50 registration fee and additional deposits of up to $500 for stand allocations.
The accused appeared at Marondera Magistrate courts yesterday and were remanded in custody to tomorrow for bail hearing.
Online Reporter