THREE NABBED IN CHONGWE FRAUD

By JOHN KOMBE THREE people have been arrested for swindling a group of people out of K27,000 in Chongwe central ward after promising them loans. The trio are alleged to have cheated the women that they were from a money lending institution and asked for contributions of membership fees. According to information obtained, women were …

THREE NABBED IN CHONGWE FRAUD
By JOHN KOMBE THREE people have been arrested for swindling a group of people out of K27,000 in Chongwe central ward after promising them loans. The trio are alleged to have cheated the women that they were from a money lending institution and asked for contributions of membership fees. According to information obtained, women were asked to contribute different membership and share-capital amounts to access loans of up to K50, 000.00. The three are said to have collected a total of K27, 000.00 from the unsuspecting loan seekers who were mostly women. In an interview, a complainant who spoke on condition of anonymity, revealed that the three came to the district in October, last year claiming to be from a named financial lending institution. She said that the three people asked them to form a group and deposit share capital from as low as K50.00 each so that the loans could be processed. She explained that the group realise that the three were not up to any good after they continued making demands for membership and share capital from the members and had not given out any loan as at May 2, 2021. According to the victim, the group then decided to report the matter to police who later arrested the suspects. Police assistant public relations officer, Danny Mwale,named the trio as Sarah Mukunta, 23, Timothy Nkondela, 29 and Elizabeth Mulenga 50, all from Lusaka. He stated that the three had been charged with obtaining money by false pretences, which occurred between October 2020 and May 2021. Mr Mwale said the three allegedly swindled the group by claiming that they were giving out loans on behalf of a named financial institution and yet not. He however could not disclose the name of the financial lending institution in question because police were still making further investigations.