Niël Terblanche
Over 60 people in Walvis Bay, Windhoek, Ongwediva, and Tsumeb fell victim to a land sale scam.
The fraudulent scheme, which promised plots of land through a dubious housing project, has left many out of pocket and without any promised property.
According to the police, the scam has been operational since 2022 and has reportedly amassed nearly N$2 million from unsuspecting victims.
The fraudulent company behind the scheme demanded a N$50 000 deposit from each victim, with some individuals paying a minimum of N$40 000.
A 23-year-old man, identified as the managing director of the bogus housing project, and a 25-year-old intern have been arrested and are currently in police custody.
The police are still searching for the alleged mastermind of the operation, a 24-year-old man who is believed to be the owner of the company.
The suspect is currently on the run, evading the police.
In Walvis Bay alone, more than 20 people fell victim to the scheme, with a similar number in Windhoek, at least 10 in Ongwediva, and 13 in Tsumeb.
The company lured victims with the promise of affordable housing but failed to provide any evidence of actual construction.
Police spokesperson, Chief Inspector Johanna Shikongo, emphasised the urgency of the situation, advising all victims to come forward and report their cases at the nearest police station.
“We urge anyone who has been affected by this scam to file a report immediately. It is crucial that we gather all necessary information to bring those responsible to justice and prevent further victims,” said Shikongo.
She added that officers are working diligently to apprehend the remaining suspect and dismantle the fraudulent operation.
They have also cautioned the public to be vigilant and to verify the legitimacy of companies and projects before making any financial commitments.
The police have reiterated the importance of due diligence when engaging in property transactions.
Potential buyers are advised to thoroughly research and verify the credentials of any company offering land or housing deals.
This includes checking for valid licenses, conducting background checks, and seeking recommendations from trusted sources.
