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Self-styled millionaire “Cashflow” Ngcobo appeals 6 year jail sentence!

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After swopping famous labels such as Louis Vuitton and Gucci for orange prison overalls, Jabulani “Cashflow” Ngcobo’s troubles worsened as more complainants demanded that cops finalise other outstanding cases.

The self-styled millionaire, who regularly flaunted his wealth and high life on his Instagram pages by posting expensive shoes, cars and homes, and claimed to have made his money through his foreign exchange business called Cashflow Properties, can now add the title of fraudster to his CV.

The 33-year-old was found guilty of fraud by the specialised commercial crimes court in Durban on Tuesday for a case that has been running since 2014.

Ngcobo, together with his best friend and business partner Mzabalazo Dlamini, started serving their four-year sentence at Westville prison after they defrauded clients through their business.

His incarceration left other victims wondering if there will be any breakthrough in their own matters.

Francis Boole, who was allegedly defrauded of R100,000 by the infamous trader, said he wished his case would be followed up while “Cashflow” was serving jail time.

“All I need is my money back, there’s a captain who called me on Tuesday to bring [my] proof of payment [of the money he claims to have deposited into Cashflow’s business],” he said.

Boole, who registered a case with the Sandton police, said the convict promised to invest the amount from December 2017 and that he would see results from March last year. Instead his account depreciated.

Another client, Mkhulisi Ngubane, said Ngcobo referred him to another trading company after he had already given him money. He did not disclose the amount.

“When I wanted to withdraw, he went AWOL,” he said.

Ngubane registered a complaint with the Financial Sector Conduct Authority (FSCA).

The FSCA this week released a statement commending the successful conviction of the duo.

“The FSCA welcomed the successful prosecution and sentencing of Jabulani Ngcobo and Mzabalazo Dlamini on several counts of fraud and contravening section 7(1) of the Financial Advisory and Intermediary Services Act.”

One of the closest friends of “Cashflow”, who wants to remain anonymous, said his arrest and conviction was a sad time for his girlfriend and two kids. He quickly added, however, that he always knew that his friend would be caught.

“If this was a proper business then there would be someone to take care of it. Whatever is legit holds firm even when the owner is not there,” he added.

In his 264-page biography called Cashflow Naked, written by Soweto Mandlanzi, Ngcobo boasted about his bling lifestyle, insisting everything he touched turned into gold.

“In the garage, the Porsche together with the Austin-yellow BMW-M4 are parked. Due to space, Soweto [the writer] parks his exquisite Audi outside the premises, parking next to the black BMW X6,” goes a paragraph from one of the chapters.

NPA spokesperson Natasha Ramkisson-Kara confirmed the two were in custody.

“The accused made an application for leave to appeal their sentence and it was granted. The matter will be back in court tomorrow to determine whether they should be released on bail.”

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“A picture’s worth!!! Twitter users react to AKA & DJ Zinhle kiss

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DJ Zinhle and AKA are madly in love (again) and want the world to know it.

The on-again lovers made their relationship Instagram official earlier this month and now they are sealing the deal with a kiss – a very public one we might add!

AKA took to Twitter on Monday to thank his friends and fans who helped him celebrate ‘Touch My Blood’ going double-platinum.

“Thank You for coming out this past weekend,” he captioned a series of pictures from the event.

One of the images showed him kissing Zinhle.

Zinhle and AKA broke up in late 2015 after she found out he was having an affair with Bonang Matheba- while she was pregnant with their daughter Kairo.

But that is all water under the bridge now. The couple’s fans are glad they are back together.

“Love conquers all. Zinhle truly adores you,” one user wrote.

 

Zinhle and AKA broke up in late 2015 after she found out he was having an affair with Bonang Matheba – while she was pregnant with their daughter Kairo.

But that is all water under the bridge now. The couple’s fans are glad they are back together.

“Love conquers all. Zinhle truly adores you,” one user wrote.

Another tweep wrote: “Kairo Must Be Loving This. Because she got wonderful parents.”

“Love always wins! I am so happy for you AKA. May God bless your relationship. Don’t rush yourselves, take your time to enjoy each other,” a third wrote.

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DREAMS DO COME TRUE!!! Talented guitarist plays outside DJ Tira’s home until he noticed him

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Mduduzee Ncube is living proof that dreams do come true if you just believe in yourself. This aspiring musician has done the most to make his dreams come true. He even went as far as standing outside DJ Tira’s home performing until he heard what he had to say.

The talented busker, who started out by entertaining the public on Durban’s South Beach, has taken every opportunity that he can to make his name known.

Mdu took a stand and demanded to be heard. He stood in front of the famous DJ Tira’s house until he came out and acknowledged his presence. This man’s persistence is inspiring. Mdu stood outside Tira’s house and played his heart out until Tira came outside. Not being a widely-known artist, Tira was shocked to see a strange an outside his home, but he was also humbled by his perseverance.

Dogg DBN just happened to be at Tira’s house at the time and was the one who captured the moving moment and shared it on social media.

 

 

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So this guy decided to come camp outside Afro Studios…. check the video for more info or my Facebook fan page DJ Tira.

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Mdu impressed Tira and Dogg DBN so much that he secured himself a gig with Dogg DBN and collaboration with Tira. Yusssss, my man! Tira has sent Mdu for a makeover today in preparation for his big gig tomorrow. Big ups to Tira for the generosity and kindness!

 

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And the day begins… #AfroAtWork … Mdu make over 🔥#MduNcube

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“I just work my a** off!!! NaakMusiq hits back at forex trading claims

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Multi-talented Anga Makubalo aka NaakMusiQ took to Instagram to show off his rides and his upmarket house with a caption, “Ya’ll keeping the score while watching me score, ya’ll keep the awards I’ll take the rewards”.

The actor and musician has not only gifted Mzansi with hits such as MamelaniCall Outand most recently Ntombi, where he features Bucie, but has simultaneously shown off his acting skills in popular productions such Generations, Isidingo and iGazi.

This should be proof that he has made money through acting, CD Sales, Live shows, Digital Sales & Streaming, Merchandise Sales but to some its not enough,

A fan Thuli Maumpa popped onto Anga’s timeline and asked him if he is into forex,

“I like the I don’t sleep much part but if you don’t do forex trading, what are you doing? Please share and woow whatever it is you doing a great job I’m so proud of you Anga ,may God continue to bless you.”

Anga didnt hold back and responded,

“Bro I act and sing…why do people thing there is something else I’m doing. I just worked hard..I’ll literally add 2 or 3 more gigs in a night and be EXHAUSTED than sitting at home and relaxing. I don’t have a life. My life is my work. There are no secrets, I’m not running a secret business. I just work my ass off, straight up!.

 

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