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Flamboyant young millionaire, Sandile Shezi (30), is facing more charges in North West province.

Police confirmed that five more fraud charges were opened against Shezi this week, including those in North West province.

Shezi spent the night in Sandton police cells on Wednesday 20 October 2021 before he was released on R5000¬† bail on Thursday after appearing at Alexandera Magistrate’s court.

He has asked to settle out of court with his clients through a mediation process.

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More¬† of Shezi’s clients are yet to lay charges against him.

Shezi became the youngest millionaire in South Africa through his company, Global Forex Institute and was charging R10 000 to trade for his clients who deposited a minimum of R100 000.

Shezi did not have the necessary licenses to trade on behalf of clients and many did not get back their money, although Shezi had promised them massive returns.

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