Ex-Morgan & Co boss nabbed for $53m fraud

A FORMER finance manager at Morgan & Co has been arraigned before Harare magistrate Dennis Mangosi facing a charge of converting
$53 129 574 to his own use.

Kudakwashe Saimon (30) was remanded to May 8 on $500 000 bail.

Morgan & Co, which specialises in stockbroking, is being presented by its managing director, Davide Muchengi.

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