mmegi

Consumer Authority opens police case against Ecoplexus

Pressing times: The Ecoplexus app where members could reportedly earn returns and track their investments
Pressing times: The Ecoplexus app where members could reportedly earn returns and track their investments

The Competition and Consumer Authority (CCA) has opened a case against Ecoplexus with the Botswana Police’s Serious Crime Squad, after noting “dominant criminal elements” in the investment scheme.

The Authority’s spokesperson, Gladys Ramadi, told Mmegi that the latest developments followed a preliminary investigation into the collapsed investment scheme.

“It should be noted that the Authority can only investigate the civil part of the scheme while Botswana Police Service will investigate the criminal elements of the scheme,” she said in an emailed response to questions this afternoon. “During the Authority’s preliminary investigations, it was observed that there are criminal elements dominating in the scheme. “The Authority has therefore registered a case with Serious Crime Squad for criminal investigations.”

Editor's Comment
Govt must crack whip on Cross border crime

“Betrayal hurts, but knowingwho was betraying hurts even more.”- Garima SoniWhat the men of Ditlharapa, Molete and neighbouring villages uncovered is a cross-border enterprise. The modus operandi, as the suspect himself reportedly confessed, is industrial: groups operating in multiple villages, fences cut with impunity, stolen goats walked into South Africa, warehoused at Makhubung, then sold in batches of 200 to a commercial farmer in...

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