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Ex-Studio 263 actor up for US$250,000 fraud
2 hrs ago |
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Former Studio 263 actor and Enhanced Mortgaging Housing (Pvt) Ltd general manager, Revlino Gwanzura, has appeared before the Harare Magistrates Court facing fraud charges involving US$250 000 allegedly swindled in a botched residential stands scheme.
Gwanzura was remanded in custody to December 19 for a bail ruling by Harare magistrate Marehwanazvo Gofa.
According to the State, represented by prosecutor Rufaro Chonzi, the alleged offences occurred between January 2024 and August 2025. During this period, the complainant's husband, who was the first director of Enhanced Mortgaging Housing, fell seriously ill, forcing both him and his wife to stay away from work for an extended time.
Prosecutors allege that Gwanzura took advantage of the situation, assuming effective control of the company while the complainant was nursing her husband at home. The court heard that Gwanzura allegedly connived with Gondai Marange — the son of the late director, who is currently at large — to advertise that the company was selling residential stands, despite the firm not having any stands on offer.
It is alleged that the accused collected instalment payments from 105 prospective buyers, amassing a total of US$250 000, which was then converted to personal use.
The State told the court that the complainant returned to work in March 2025, at which point victims began approaching the company demanding allocation of residential stands they had paid for. Investigations were allegedly triggered after the complainant examined receipts presented by the complainants and discovered they were fake and did not belong to the company.
An internal audit, based on the receipts submitted by the victims, reportedly revealed that the company was prejudiced of US$250 000 through the alleged fraudulent scheme.
The matter is continuing, with investigations ongoing as police pursue Gwanzura's alleged accomplice.
Gwanzura was remanded in custody to December 19 for a bail ruling by Harare magistrate Marehwanazvo Gofa.
According to the State, represented by prosecutor Rufaro Chonzi, the alleged offences occurred between January 2024 and August 2025. During this period, the complainant's husband, who was the first director of Enhanced Mortgaging Housing, fell seriously ill, forcing both him and his wife to stay away from work for an extended time.
Prosecutors allege that Gwanzura took advantage of the situation, assuming effective control of the company while the complainant was nursing her husband at home. The court heard that Gwanzura allegedly connived with Gondai Marange — the son of the late director, who is currently at large — to advertise that the company was selling residential stands, despite the firm not having any stands on offer.
It is alleged that the accused collected instalment payments from 105 prospective buyers, amassing a total of US$250 000, which was then converted to personal use.
The State told the court that the complainant returned to work in March 2025, at which point victims began approaching the company demanding allocation of residential stands they had paid for. Investigations were allegedly triggered after the complainant examined receipts presented by the complainants and discovered they were fake and did not belong to the company.
An internal audit, based on the receipts submitted by the victims, reportedly revealed that the company was prejudiced of US$250 000 through the alleged fraudulent scheme.
The matter is continuing, with investigations ongoing as police pursue Gwanzura's alleged accomplice.
Source - Newsday
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