a HARARE woman, Agnes Shumba, yesterday appeared at the Mbare Magistrates Court charged with fraud after allegedly swindling 50 colleagues of $7 178 by applying for a loan on their behalf.

by NQOBILE NKIWANE

Shumba pleaded not guilty to the charge when she appeared before magistrate Bianca Makwande who remanded her out of custody to September 15 this year on $100 bail.

Allegations against Shumba are that as from April last year she fraudulently made loan applications using 50 Securico Security services employees’ names.

According to the State papers Shumba is said to have misrepresented to the company that the employees had made loan applications, but upon receiving the money she proceeded to cash it out using her text-a-cash account number and her relatives.

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However, Shumba’s luck ran out when superiors at the company learnt of the anomaly and interviewed the supposed beneficiaries of the loans who denied any knowledge of the applications.

Revai Mudozori appeared for the State.