Fraudulent Finance Director Arrested

Chitungwiza Municipality (Chitungwiza) was prejudiced of  $119 000 by a bogus finance director who claimed to be acting on behalf of Scotia Steel Company (Pvt) Ltd. Paul Ernest Mzenge Zhou misrepresented to be a finance director of the steel company and successfully sued Chitungwiza Municipality (Chitungwiza) for $119 000.

His scheme was unearthed after a local newspaper reported on the High Court matter in which he was going to benefit $119 000 from the scam prompting the legitimate steel company, Scotia Steel Company (Pvt) Ltd to take legal recourse leading to his arrest.

Zhou, 50, was charged with fraud when he appeared before Harare magistrate Rumbidzayi Mugwagwa.

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He was released on $200 bail and ordered to report once a week at Avondale Police Station, not interfere with witnesses and continue residing at his current address.

He was remanded to October 16.


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