By: Natasha Archary
Skeem Saam actor Sebase Mogale and his wife Dorah were arrested following reports that the two created a Bitcoin scam and conned people out of large amounts of money.
In 2022, the former Thobela FM presenter was taken off-air after Carte Blanche ran an exposé implicating Mogale in the alleged crypto fraud scheme.
As reported by Jacaranda FM and the Limpopo Chronical, Mogale and his wife appeared at the Polokwane Magistrates Court on Friday, 15 March facing charges of fraud.
It is alleged the actor used his SABC radio show to lure people into investing into his scam which was called, Mining City.
The scam was run from 2020 and promised high returns, which attracted unsuspecting victims into depositing varying amounts of money, some as high as R250 000.
Limpopo police spokesperson Malesela Ledwaba said there were more than 10 cases filed against Mogale and his wife, who reportedly told people who attempted to withdraw money from their investments that the scheme had collapsed due to the inflation rate.
“People were willing to invest because it was a popular radio presenter who was calling people to invest.
Victims deposited money into an account belonging to the Altcoin trader, buying the so-called “mining packages” which ranged from R6 500 to R 253 000.
The problem started when the victims tried to withdraw their money. That’s when they realised that the details given to them were blocked.
When victims questioned Sebasa Mogale telephonically about their investment, he told them that the Mining City Scam had collapsed due to the inflation rate. It meant that said investors had lost their money in the scam.
Victims went back to the office; unfortunately, they found that the office was closed and his phone was on voice mail.”
Sebase Mogale and his wife were released on bail of R10 000 each and are expected back in court on 20 May.
More cases are expected to be filed against the couple.
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