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Home » Celebrity News » Vusi Nova for fraud and money laundering

Vusi Nova for fraud and money laundering

by Eddy
31 May 2018
in Celebrity News, Music
Reading Time: 1 mins read
Vusi Nova arrested

Afro pop star Vusi Nova is out on bail after being arrested for fraud and money laundering. His co-accused Jonathan Searle remains in custody.

According to IOL, musician whose real name is Vusimuzi Nongxa, is alleged to have defrauded an elderly Johannesburg couple.

The 34-year-old appeared at the Specialised Commercial Crimes court on nine counts of fraud and money laundering totalling R1-million.

Vusi Nova and Jonathan allegedly swindled the late Leon Kruger and his wife Catharina Johanna Kruger between 2011 and 2014.

According to the publication: “Searle allegedly misrepresented himself to the Krugers as Dr Joseph Safra, the chairperson of Safrasa Investments, with Nongxa named as the managing director.”

ALSO READ: Vusi Nova Had Been Watched By His Attackers For Over A Year

In November 2011 Searle offered the Krugers non-existent jobs at Safrasa with the promise that they would receive monthly salaries of R165 000 and R85 000 respectively.

The false employment also included benefits such as medical aid, transport and phone expenses. The SA Music Awards winner allegedly signed the false employment contract with the Krugers.

After signing, the Kruger and his wife were required to pay shares valued at R42m to secure employment with Safrasa, R41m of which would be subsidised by the company, and they would only need to pay R1.1m.

The publication further reported that the Krugers then paid about R830000 into Safrasa’s account between 2011 and 2012, and Searle borrowed a further R55000 from the Krugers as a loan to assist Nongxa with family problems.

Image Courtesy: instagram.com/vusinova1

Tags: Jonathan SearleLeon KrugerSafrasaVusi NovaVusimuzi Nongxa
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Eddy

Eddy is the Editor and Publisher of Quick Read Magazine, a leading online publication in South Africa. With a background in copywriting, social media management, and public relations, Eddy has been with Quick Read since 2014 and has witnessed the magazine's growth over the years. He focuses primarily on entertainment, music, and movie reviews. Under Eddy's leadership, Quick Read covers a wide range of topics, including general news, technology, entertainment, celebrity news, sports, health, and finance, aiming to provide fresh and relevant content to its readers.

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