Anti - Corruption Unit ACU investigates Hawks for Racketeering in 'Undercover Billionaires' Louis Jr Tshakoane Case. In a recent turn of events the Hawks similarly known as the Specialized Commercial Crimes Unit in Johannesburg based in Eloff Street has been flagged by the ACU Anti-Corruption Unit of South Africa for its involvement in the fraud investigation against the Undercover Billionaires International Crypto-Currency business which sells UMC digital virtual coins to the public according to the framework outlined by the South African Reserve Banks Position Paper on digital virtual currencies in 2014. A sophisticated illegal syndicate using State resources and bribes has been identified by Detective Alfred Temane with key individuals being employees of Media publications, Public Relations practitioners, Hawks captains and subordinates, SAPS officers, SARS officials and FOREX traders in South Africa.

It has come to our attention that a spider network exists around this matter and many others overlapping and investigations are at an advanced stage now says Temane. Louis Jr Tshakoane who is a well-known Best-selling author. Master Forex Trading Millionaire has been featured on Vuzu Rich Kids during 2016 for his inspiration lifestyle.

Started Undercover Billionaires International as a business networking company aimed at alleviating poverty by bridging the gap between aspiring millionaires and existing ones. At the age of 16 Tshakoane, Jr became the youngest self-made millionaire in South Africa when British Billionaire from the Virgin Group, Sir Richard Branson gave him R2 million rand in gym equipment and R500, 000 in cash to help previously disadvantaged youth in a township east of Johannesburg called Tembisa.

He has since worked for companies like Lamborghini Johannesburg and UBS South Africa a Swiss bank where he picked up his passion for FOREX Trading. In 2016 April Louis Jr Tshakoane created a digital coin called Undercover Millionaires Currency similar to the famous Bitcoin Crypto-Currency which is currently trading at R135,000 per coin.

More than 25,000 people purchased UMC coins from the network via its website www.undercovermillionaires.com trading was going very well as Louis Jr Tshakoane marketed around the world his intellectual property that anyone can own a part of. Currently, the coin is trading at R5,63 and fluctuates daily based on supply and demand.

R118 million rand worth of peer to peer lending coins were bought within the first year through the trading of its members. Of which R26 million worth of coins were purchased from the source company that generated the initial batch namely Undercover Billionaires International of which Louis Jr Tshakoane is 100% sole director and invested in my mining equipment in order to profit from the sale of his coins.

He hired around 20 employees to manage his brand, business, and clientele around 4 offices in the country. He has spent more than R1 Million advertising himself as a brand on social media sites Facebook and Instagram. He registered his business with CIPRO and SARS to remain compliant with regulatory requirements. His accountant Frans Phiri of Phiri Accountants has also drafted Audited Financial Statements as of February 2017. He did not register with the FSCA formally the FSB (Financial Services Board.) For UMC because after doing the research he discovered that cryptography based businesses aren't deemed legal tender and hence the trade thereof did not require a license to sell digital coins.

None the less he did partner with a July, 2016/2019 FSP/NCR licensed company called Epic Finance Pty Ltd owned by his Branson Centre of Entrepreneurship classmate Mvuleleni Mgibe. Should the need arise for him to offer such services the clients will be sent to Epic Finance Pty Ltd for financial intermediary advice consultations. Now after all of this rumor has it that a group of unscrupulous media journalists, police officials, Hawks officials, and the public prosecutor have been accepting bribes from one of his Forex competitors in order to keep Tshakoane and his family behind bars for no justifiable reason and taint his reputation.

A one police detective Mabunda of the Sandton Police Station once made an attempt to extort money from Louis Jr Tshakoane at a Sandton Bread and Basket restaurant. Louis then appeared at the Sandton Police station before Head of Fraud Detectives Col. Sikhwene to open a case of intimidation against Mabunda who is well known for confronting Forex Traders in the area with bogus cases. Sikhwene then pleaded with Louis not to pursue the matter due to fear of embarrassment.

He then issued a summons for Louis to appear at the SCCU court in Eloff Street instead of him being arrested since he wasn't evading the case opened against him. Louis appeared first in court during October 2017 and the matter was immediately struck off the roll due to overwhelming evidence that he was innocent and did not owe a one Petrus Khoza found by Judge Van Burren.

A one Captain Hanyani Ngobeni of the SCCU opened another docket on this matter and instructed a one Captain Mzwandile Gobozi who has since resigned due to his various scandals at the station to persecute Tshakoane. During a Johannesburg appearance in July 2018 Louis Jr Tshakoane was apparently unlawfully kidnapped by Captain Gobozi and handed over to an Investigating officer from Estcourt KZN to appear in another matter which Gobozi created after reviewing Undercover Billionaires bank statements and fabricating a new case simply to frustrate Tshakoane who was already on bail in Johannesburg for R70,000. This was a clear act of defeating the ends of justice.

Subsequently, Gobozi resigned from his post and is no longer serving at SCCU Johannesburg. The case in Estcourt was subsequently withdrawn due to lack of evidence. NPA appointed Public Prosecutor Terrance Zitha then took it upon himself to lie under oath on record during the bail hearing for Louis Jr Tshakoane.

The matter has been sitting at the SCCU court for over 18 months now without a shred of evidence being presented before the court. Tshakoanes legal team kept pleading with the court judges for a speedy trial upon multiple lies and excuses being made by the Prosecutor claiming on record that he was ready to commence with trial since the bail hearings.

None the less postponement after postponement has been made by the State Prosecutor. The only thing found in the dockets by the defendant's legal team has been Undercover Billionaires banks statements and statements made by 12 people. That's right. After wild allegations have been made that the company swindled over 500 investors. It has come to light that out of 25000+ members.

Only 12 people have come forward after only 1 Thato Menu a Standard bank manager claimed Tshakoane defrauded him and that he was not licensed. That's right a person working for a bank with key knowledge on how investments work went and took a loan from Capitec to buy coins amounting to over R150,000 from multiple UMC members.

Ran to the same Sowetan Newspaper claiming that theft has been conducted by Louis Jr Tshakoane. of which He clearly still has access to all his UMC coins on www.undercovermillionaires.com which have appreciated in value since 2016. The FSB also made a formal statement in the Sowetan article actually exonerating Louis Jr Tshakoane by saying that his company was not registered with them and that one does not need to be registered with FSB to run a cryptocurrency.

Now comes the part of the parents to Louis Jr Tshakoane. Louis Snr Tshakoane who is regarded among soccer enthusiasts as a Living Football Marketing Legend. Has served Kaiser Chiefs for 25 years as marketing director and 10 years as Bafana Bafana manager. Traveled to over 100 countries and was loved especially by the likes or Nelson Mandela.

Has been dragged into this matter to taint his long reputable character. He has simply been wanted by the Hawks together with his wife simply because he attended a seminar hosted by his son. And his wife Suzan Tshakoane is waNTED simply because the Undercover Billionaires company purchased her a car that it owed her after her son used her BMW for Undercover Billionaires purposes prior to the business going well.

How can his parents be benefiting from the proceeds of so-called criminal activity if the case now has been taken by Louis Jr Tshakoanes legal team to the Directorate of Public Prosecutions for Representations in order to be acquitted? Since multiple attempts to go to trial have been postponed more than 4 times. It is with great prejudice that the Tshakoane family has suffered malicious prosecution, prosecutorial misconduct, harassment, intimidation, defamation, kidnapping, wrongful arrest, extortion attempts ect. during this time.

Surely God will intervene to bring these unlawful public servants to justice. Should anyone be facing similar prejudice from the aforementioned officials kindly email This email address is being protected from spambots. You need JavaScript enabled to view it. or contact Detective Alfred Temane on 0829478510 from Anti Corruption Unit South Africa. Formal complaints have been laid to the office of the President, NPA, IPID, ACU and Public Protector.

During its investigation the Fraud Department of FNB has found nothing that can categorize Undercover Billionaires international as a ponzi scheme or pyramid scheme as all funds paid into the company account were used for business purposes such as marketing expenses, travel & transportation costs, salaries, office rentals, stationery, equipment, property, tax etc.

Instead of the typical borrow from Peter to pay Paul scenario. Undercover Billionaires has also presented source or funds to FNB. Crypto Currency coins are generated through a process called Mining. And each coin holder earns what is called a Mining Reward for verification of transactions on the network called a Blockchain. A distributed public ledger named UMC blockchain is available for all members on the system for transparency purposes.

The system operates independently from Undercover Billionaires and is self-sustainable. This is what Hawks fail to understand. It is being misrepresented to the public that Louis JR and his company promised people unrealistic returns on a regulated investment. Louis could not promise a return on investment in the form of real money since UMC is a cryptocurrency, not a traditional investment. It is clear that the Corruption problem in South Africa is still thriving. A Cancer to the progress of the Country. How are the youth supposed to excel in business when they prosper devilish behavior is being displayed by law enforcement.

A problem President Cryil Ramaphosa and the African National Congress need to address since the Tshakoane family are well supported by the International community. This paints a very ugly picture to the millions of social media followers around the world watching all this unfold who already support Louis Jr Tshakoane and his vision to alleviate poverty in Africa.

This includes over 10000 millionaires and billionaires his company Undercover Billionaires conducts business with that are now wary of continuing to do business with South Africa through foreign direct investment with the fear that they will be next.