By Taurai Mandizha
THE prevalence of Ponzi schemes and sophisticated crimes is high in the country owing to educated and unemployed graduates.
One such case is a perennial fraudster Itai Nyabonda.
He is a smooth criminal, notorious fraudster and conman.
He recently made headlines in the financial intelligence and serious fraud circles.
Nyabonda boasts of a history of deceiving unsuspecting victims. Nyabonda’s story serves as a cautionary tale against falling prey to scams and emphasizes the importance of remaining vigilant in today’s digital age.
Nyabonda’s fraudulent activities primarily revolve around financial scams, where he would pose as a wealthy businessman offering lucrative investment opportunities or promising significant returns on investments.
In some cases he promised good exchange rates and claimed he could manipulate the RBZ auction system. Using his charm and charisma, he convinced several individuals to hand over their hard-earned money, only to bring excuses instead of the promised returns.
Victims have come forward to report their losses through Nyabonda’s schemes. Law enforcement agencies have initiated investigations. Nyabonda’s first arrest was in 2015.
However, due to legal technicalities, Nyabonda managed to secure his release and continue his fraudulent activities.
The subsequent years saw a game of cat and mouse, with Nyabonda being arrested and released multiple times.
The psychological and emotional toll of being deceived by someone they believed in has left many victims devastated and struggling to recover.
Scams like E- creator , Triple M and
Itai Nyabonda’s story highlights the ever-present threat of fraud and the importance of being cautious when it comes to financial matters. In an increasingly interconnected world, fraudsters are finding new ways to exploit unsuspecting individuals. Staying informed, educating oneself, and exercising due diligence is crucial to avoid falling victim to scams.
Law enforcement agencies are also constantly adapting and improving their methods to bring fraudsters like Nyabonda to justice.
Collaboration between agencies, is key to dismantling criminal networks and ensuring that individuals who engage in fraudulent activities face legal consequences.
Itai Nyabonda’s reign as a fraudster and conman must finally come to an end. The numerous arrests and legal troubles he faces are a testament to the determination of law enforcement agencies in protecting innocent individuals from scams and fraud. However, his story serves as a reminder that the fight against fraudsters is an ongoing battle, and it is up to each individual to remain vigilant in order to protect themselves and their assets from falling into the wrong hands.
What an ill written article and hogwash? What are the crimes purpoted and the said allegations? Tipeyi ma V11 kwete kuda ku defamer somebody’s name and reputation because you were paid. What kind of journalist are you that issues articles without verifying facts. Nxaaaaa. NEXT!