Bitcoin crooks arrested for scamming K30 m

Bitcoin crooks arrested for scamming K30 m


The Drug Enforcement Commission has arrested three directors of Heritage Coin Resources Limited for money laundering offences involving over K28,000,000.

In a statement today, DEC assistant public relations officer Chibu Mwansa Tembo disclosed that the trio had been obtaining money by false pretenses, amongst other crimes.

“The Drug Enforcement Commission through its Anti-Money Laundering Investigations Unit in Lusaka has arrested and jointly charged three (03) Directors of Heritage Coin Resources Limited for money laundering offences involving over K28,000,000.00 contrary to the laws of Zambia. Hilda Agnes Raubenheimer, 35, a Business woman of Salama Park, Orient Rio Zekko, 29, a Secretary of Plot No. 1468/20/01 Ibex Hill and Tapiwa Chirwa, 40, a Managing Director of House No. 1245 Avondale has been arrested and jointly charged for providing banking business, financial business or financial services without a licence, conducting or participating in a money circulation scheme, obtaining money by false pretences and money laundering contrary to the laws of Zambia,” Tembo stated.

“Particulars of the offence are that the suspects, on dates unknown but between 1st June, 2018 and 15th October, 2018 jointly and whilst acting together with other persons unknown did provide banking business, financial business or financial services to the general public without a license, by collecting deposits from the public disguised as partnership fees and conducted or participated in a money circulation scheme involving K 28,346,800.00 by purporting that the company was investing the money collected as partnership fees from the public into
Cryptocurrency trade on the web on behalf of the partners when in fact not. It is further alleged that the trio obtained money by false pretenses and engaged into money laundering activities involving K 28,346,800.00 by collecting the said amount from members of the public and depositing into the company’s accounts, thereby, engaging directly or indirectly in business transactions that involved proceeds of crime. The three suspects are currently on Police bond and will appear in court soon.”

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  • comment-avatar
    Mumba Malila and concerned citizen 2 weeks ago

    What is saving if not investing? if it was false prentence, how did they manage to get documentation from pacra, zra and ZPPA? Where was DEC and Bank of Zambia when this guys started operating and operated for 3 solid months? Who is going to loose now? is it DEC/ BOZ, or the three directors they have arrested or the general public who invested in this company?
    Better saving is not putting your money in the bank and making banks enjoy your savings. Money has to grow, and why should Bank of Zambia be prenteding to be advocating for people to learn the culture of saving when they are closing companies like HeritageCoin who are atleast giving a better return on your invstment? When you are borrowing money from any financial institution, they will charge you between 20 to 50% interest, and when you lend this same financial institution your money, they will give you 3% to 24% per annum, HeritageCoing gives 38% interest on your investment within 25 working days. who wouldn’t want to invest in such. or maybe we need to become gamblers, am sure DEC and Bank of Zambia will be proud of us and to them that is not money laundering and thats the best way to save your money. am just wondering sport betting and casinos have been allowed so much in zambia and lending your money to institutions like heritagecoin is discouraged, i don’t no why may be i need to be educated. i rest my case.

  • comment-avatar
    Tobias 2 weeks ago

    There is another one here in Livingstone we are yet to report him,

  • comment-avatar
    MBOLO KULINDA 3 weeks ago

    I was raped by one of these directors as a condition of failing to pay after she saw my 100 inch dick she really liked it and cried as I pumped, rammed, cracked, banged and extensively damaged her vagina beyond recognition. it became shattered to the point that even the anus was cracked her name is Hilda Agnes Raubenheimer, 35, a Business woman of Salama Park kakakakakakakakakakakakakakakakkaka

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