Gauteng — Durban based businessman, Sugenthiren John Nair (50), also known as 'Sugen' appeared in the Specialised Commercial Crimes Court at Palm Ridge on Wednesday on charges of fraud and theft on Thursday, 12 December 2019.
Hawks' Serious Commercial Crime unit circulated Nair on local and international boarder movement control for allegedly luring unsuspecting investors to invest money into RAZIGEN (Pty) Ltd Investment company in return of 7.5% interest for every R100 000 invested. Nair was arrested on Tuesday, 10 December 2019 at the OR International Airport upon his arrival from Barcelona.
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