Windhoek Accountant Remanded in Custody Over N$100 Million Fraud Allegations

Windhoek Accountant Remanded in Custody Over N$100 Million Fraud Allegations

Michael Bronkhorst, accused of orchestrating a fraudulent loan scheme exceeding N$100 million, faced the Windhoek Magistrate’s Court on two fraud charges. Reports indicate that following his arrest last week, the court postponed his case to July 15 for further police investigations. Public prosecutor Eric Naikaku opposed bail, citing early-stage investigations and concerns over flight risk, emphasizing the seriousness of the charges.

July 3, 2024 46

Namibia

Cryptocurrency suspects granted bail

In the Windhoek Magistrate’s Court, bail of N$20,000 was granted to each of the five individuals implicated in an alleged cryptocurrency scheme. Tango Muulyau and Carlos Alejandro are among those allegedly involved in a cryptocurrency scam, accused of recruiting young Namibians. They face charges alongside Fan Jia and Toivo Herman, whose bail applications were denied. The arrests of this group took place on 3rd October 2023 in Windhoek. Initially, over […]

December 22, 2023 30