BREAKING NEWS: Watch video of the mother below
Family Left Homeless After Son Allegedly Sells Their Home — Also Accused of Forex Fraud and gambling
KGAPANE, Limpopo — A 57-year-old widow, Sarah Mokumo, says she has been rendered homeless after her own son, aged 34, allegedly forged her signature and sold the family home in ERF 1555, Park Town without her knowledge or consent. In a shocking act of betrayal, the son purportedly used the proceeds to fuel a gambling addiction — and, as new allegations suggest, to fund forex trading ventures that turned out to be schemes targeting unsuspecting victims.
Mokumo told journalists that she inherited full ownership of the property after her husband, Simon Mathye, passed away in 2009. The couple had been married since 1991. She claims she had never authorized any sale, yet the transaction proceeded. A down payment of R180,000 was made by the buyer — who is also a relative — and the sale was lodged at the deeds registry.
“I am the rightful owner of the house. The buyer is well aware of that — how could he finalize the sale without my consent?** He and my son must answer to a court of law,**” she said, speaking through tears.
It was only after the deed transfer that Mokumo began receiving eviction notices. On Wednesday, she was forcibly removed from her home. She has since appealed to law enforcement, local authorities, and community members to assist her in reclaiming her house and seeking legal redress.
The drama has sparked anger and concern in Kgapane. Many residents expressed disbelief that a family member could so brazenly dispossess their parents of their home. Community leaders have called for an urgent investigation, demanding that the buyer, the son, and any other implicated parties be held accountable.
Adding to the family’s plight, sources close to the matter allege that the son was deeply involved in forex trading schemes, luring multiple individuals into what appear to be fraudulent investment ventures. According to the claims, he used money from the home sale to cover losses — or perhaps to perpetuate the scam itself.
Though these allegations are not yet verified in court, they mirror well-documented patterns in South Africa’s financial crime landscape:
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Authorities recently convicted operators of Platinum Forex CC for defrauding investors of millions, promising high monthly returns using an unregistered forex scheme. (BrokersView)
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The FSCA (Financial Sector Conduct Authority) has repeatedly warned the public about impersonators and fraudulent “investment” platforms offering unbelievable returns in trading and crypto markets. (Moonstone)
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Globally, forex-based scams often use sophisticated tactics — promising guaranteed gains, employing fake trading software (“robots”), and manipulating client accounts. (DailyForex)
If proven, the dual acts of property fraud and financial scamming could amount to serious criminal charges including fraud, forgery, money laundering, and investment scam offenses.
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Mokumo says she will file a vexation (urgent) application in court to freeze the property transfer, restore her ownership, and compel the son and relative buyer to account.
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Families and potential victims who may have had financial dealings with the son are being urged to come forward with evidence — bank statements, contracts, messages, or testimony.
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Local police have been asked to open a full investigation into both the house sale and the alleged forex scheme.
This case may now evolve into a complex docket involving both property law and financial crime. For Mokumo, the goal is simple but urgent: to return home and hold her betrayers to account.
Whatch video here
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