Martins Egenamba, a Steyn City resident who claimed to be a technology entrepreneur, has been jailed for defrauding victims in the United States and South Africa of millions of dollars., Egenamba was the mastermind behind a sophisticated scheme that used business e-mail compromise fraud.
In the case of the US fraud cases, the money would ultimately be sent from the US to the FNB account of Egenamba’s South African company — Barlon d’Or Group. The scheme claimed to offer automated trading services — initially in forex and later in cryptocurrency derivatives.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: