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Two Employees Defraud Econet Of $20 Million

Two Employees Defraud Econet Of $20 Million

Two Chipinge-based Econet employees were on Thursday sentenced to a combined eleven years in prison for defrauding the mobile network operator (MNO) of $20 million.

Mukai Maringe Mapanzure (35) and Gavin Tinashe Guwu (30), appeared before Chipinge regional magistrate Christopher Maturure facing fraud charges as defined in Section 136 (a) of the Criminal Law (Codification and Reform) Act.

The magistrate convicted the pair after a full trial.

Mapanzure was facing 108 counts of fraud, while Guwu was facing 98 counts.

Mapanzure was sentenced to seven years imprisonment but will serve an effective three-year jail term if certain conditions are met.

Two of the seven years were suspended on condition of good behaviour while the other two were suspended on condition that he restitutes Econet of nearly $15 million.

Guwu was sentenced to four years, two of which were suspended. In his ruling, Maturure said:

In assessing the sentence, the court has considered that part of the stolen money was recovered.

The court is sentencing them separately because the second accused (Guwu) initially committed the offence with the first accused (Mapanzure) but later received money to buy American dollars from the latter.

Prosecutor Walter Saunyama said sometime in 2019, Mapanzure and Guwu connived to defraud their employer of $20 384 475. He said:

They replaced an Econet mobile broadband merchant line 0784953460 with a physical sim card. This enabled them to carry out Unstructured Supplementary Service Data (USSD) transactions by inserting the sim card in a Mobicel cellphone with serial number 359725084071720 and transferring money into agent lines.

More: The Manica Post

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8 Comments

Gogodera 5 months ago

Vakapusa kutiza ndomushonga


Chikwaza Michael 5 months ago

Highly informative. We're enjoying the news whilst in the remotest parts of the country. Keep up the good work.


Zimbabwe🇿🇼 5 months ago

Nemararatgs hapana kwaunosvika dai aari maUSA


Daily prophecy 5 months ago

Iwe that was 2019
ZWL$20 384 475:Us$4,076,895
Even rate iri pa 1:5 unenge uri mbinga

Daily prophecy 5 months ago

Ah 2019 ndirini dai ndakatiza ini ndaienda Botswana ndogadzirirwa ID isina zita rangu chairo ndoflyer Australia or Canada


Mr HARARE 5 months ago

Shandai zvenyu


Tkt 5 months ago

@Lamar you are a fool my brother, whats embarassing ipapa, mind you this isnt 2021 when the Exchange Rate is now at 250/1USD, back then it was around 1/1.5

ndirini ndongo enda kujeri kwacho pane kudzosera about 13.5M USD


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Lamar 5 months ago

Haibo so embarrassing to the chipinge people



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