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🚨 Crypto Trader Sentenced to 10 Years & R4.5 Million Asset Forfeiture for Running Fraudulent Investment Scheme! 🚨 In this shocking case, Mfundo Manci, the founder of Crypto Mzansi Group (PTY) LTD, has been sentenced to 10 years in prison and ordered to forfeit R4.5 million in assets after being convicted of several serious crimes, including fraud, contravention of the Banks Act, and violating the Financial Advisory and Intermediary Services Act. This all came after Manci ran a fraudulent crypto investment scheme between 2020 and 2021, promising high returns to investors while secretly using their funds for personal gain. 🔍 Key details of this case: Manci’s investment scheme promised lucrative returns but was a scam designed to trick investors into giving their money. He recruited women to promote his scheme, offering them commissions for bringing in new investors, while actually using their money to pay off other investors. Manci’s sudden disappearance triggered criminal investigations, and R4.5 million was later recovered through an Asset Forfeiture Unit order. Manci was sentenced to 15 years imprisonment, with 5 years suspended for fraud, and additional sentences for other serious charges, which will run concurrently. 💡 What you’ll learn in this video: How Mfundo Manci ran a fraudulent crypto investment scam and deceived hundreds of people. The consequences of financial crime in the cryptocurrency world. Why crypto scams like this are on the rise and how to protect yourself. The full story of how the Asset Forfeiture Unit (AFU) tracked down Manci and seized his ill-gotten gains. Don’t miss out on this exposé of one of South Africa's most notorious crypto fraud cases! 🔔 Like, subscribe, and hit the notification bell to stay informed on the latest financial crime cases and how to avoid falling victim to scams. Share this video with anyone interested in the dangers of crypto trading scams and learn how to spot fraudulent schemes. #CryptoFraud #InvestmentScam #CryptoScams #MfundoManci #FraudCase #AssetForfeiture #CryptoScamExposed #FinancialCrime #ScamAlert #CryptoInvesting #FinancialFraud #SouthAfricaNews #FraudPrevention #CryptoTrading #FinancialJustice RECOMMENDED FSCA REGULATED BROKER: IFX BROKERS - https://my.ifxbrokers.com/live_signup... - LIKE SUBSCRIBE COMMENT SHARE - I have a commercial affiliation with iFXBrokers. Please be aware that trading involves significant risk, and you should only invest funds that you can afford to lose. For investment advice please consult a licensed and authorised financial services provider before making any investments. - The views expressed in this video/channel are those of the creator(s) and do not necessarily reflect the views or positions of Mr Scam Exposer. This channel aims to provide informative content, opinions, and commentary on various topics, but it is important to note that all content shared is subject to South African laws, including those related to defamation, hate speech, and national security. While we strive to provide accurate and responsible content, we do not accept liability for any errors, omissions, or consequences arising from the use of information provided. Please be aware that any content that violates South African laws, including promoting hate speech or inciting violence, will not be tolerated and may be subject to removal. By watching and engaging with this content, you agree to abide by the terms of use set by YouTube and acknowledge the legal framework under which content is shared in South Africa. - IF YOU LOVE WHAT I DO AND WANT TO SUPPORT THIS CHANNEL IN A WAY THAT MAKES A DIRECT IMPACT, PLEASE CONSIDER DONATING TO MY PAYPAL - [email protected]. DONATIONS WILL GO TOWARDS LAW FEES AND HELP THE FUNDING OF THE VARIOUS GIVEAWAYS THROUGH THIS CHANNEL. YOUR SUPPORT IS KINDLY APPRECIATED. - Join this channel to get access to perks: / @mrscamexposer - FOLLOW ME ON INSTAGRAM @officialrydallficks FOLLOW ME ON TWITTER @RydallFicks FOLLOW ME ON TIKTOK - Rydall Ficks - This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I believe a scam is an overhyped program where big promises are being made but no returns ever come out, or when it comes out, its not as promised. I believe a scam also have given no refunds. Fake gurus and snake oil salesmen are usually the people selling these programs and when everything goes bust, they go missing.