Mokgokane Isaac Kabini, 41, was arrested by the Directorate for Priority Crime Investigation (Hawks) in connection with a R423,000 forex investment scam. He was apprehended at the Groblersbridge port of entry while allegedly attempting to cross into Botswana.
According to Limpopo Hawks spokesperson Captain Lethunya Mmuroa, the investigation revealed that in August 2019, a woman known as “Queen” recruited a victim to invest in a forex trading scheme. The victim deposited R423,000 over three transactions, expecting returns exceeding R700,000. When the investment term ended, the victim was unable to contact the recruiter, who had switched off her phone.
Investigators linked the funds to Kabini’s bank account, prompting a manhunt that culminated in his arrest. Kabini appeared in Praktizeer Magistrate’s Court, with the case postponed to February 26 for a formal bail application. He faces charges of fraud, theft, and money laundering.
Brigadier Desmond Alexander, acting provincial head of the Hawks in Limpopo, urged the public to be cautious with high-return investment opportunities. Authorities indicated that additional arrests may follow as the investigation continues.
