A 40-year-old Chinese man, Wen Kai, has been granted $1,000 bail after being accused of scamming a fellow Chinese national out of $340,000 in a failed mining venture.
Appearing before Harare magistrate Jessy Kufa, Kai faces allegations of misrepresenting his intentions and diverting the funds meant for Sheng AN Mining (Pvt) Limited in Bulawayo.
The complainant had handed over the money in October 2025, expecting investment returns from the mining operation. Instead, Kai allegedly used part of it to settle worker salary arrears and sold off pledged equipment, including an excavator and processing factory.
The scam was exposed in December 2025, prompting the complainant to report the matter to the police. Kai's next court appearance is pending.
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