Fake billionaire Mandla Lamba is back with a bang.

He is attempting to sell shares in his latest venture to the 4.1 million Instagram followers of TV personality Somizi Mhlongo.

Lamba previously claimed to be South Africa’s youngest billionaire and a mining tycoon with close ties to President Cyril Ramaphosa.

However, various reports confirmed that he had lied about his business holdings in the mining sector.


On Friday, Mhlongo showcased Lamba, who he addressed as doctor in a broadcast on the celebrity’s Instagram channel.

Lamba was offering a special on shares in his company, he also promised high returns.

Following criticism of Lamba’s appearance on his Instagram page, Mhlongo said he doesn’t do due diligence on the companies that use him as an influencer.

Mhlongo added that while Lamba served jail-time, he was rehabilitated and that everyone deserved a second change.