Sebasa Mogale had used his celebrity status to lure some listeners of his radio show to invest in the bitcoin scheme. bitcoinscam returnoninvestment
South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in the bitcoin investment scheme.
Reports of Mogale’s suspension were confirmed by Gugu Ntuli, the South African Broadcasting Corporation group executive responsible for corporate affairs and marketing. In aThobela FM has taken a decision to unschedule Sebasa Mogale, Afternoon Drive presenter, following the Carte Blanche exposé. Mr Mogale is being afforded an opportunity to resolve the issues raised in the recent broadcast which pertain to his personal business dealings involving cryptocurrency.
“But for at least 140 people the man they trusted to guide them through the crypto maze appears to have been little more than a confidence trickster,” reads part of Carte Blanche’s summary of the exposé.
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