Class Action Against Shamiso Fred's ABWA
A bunch of people who got scammed by a former big shot from the Asian and African Businesswomen Association (ABWA) are taking her to court to get their money back.
They're applying for a class action lawsuit against Shamiso Fred and her business, which is a pretty big deal.
Apparently, she ran a Ponzi scheme that pretended to be an investment thingy for egg production and dairy farming, and loads of people in the UK and elsewhere got duped into investing thousands of dollars.
The five people leading the charge, represented by Jacob Mutevedzi, are hoping to get leave to represent over 330 victims.
The five—Blaman Sekete, Grace Pumhu, Vimbainashe Mahwiridi, Dr. Ayanda Chakawa, and Felix Witness Mambondiani—who are being represented by Jacob Mutevedzi of Clairwood Chambers, have made the application. If they win, it'll be a first for Zimbabwe.
Class Action Against Shamiso Fred's ABWA
Part of the application reads: “This is a perfect case for the Court to grant leave to institute a class action so that justice for this class of investors can be achieved in one fell swoop as opposed to a crowd of plaintiffs seeking similar relief by way of separate actions. Efficiency is the major attraction, and nothing is more beneficial to the smooth administration of justice.
“Therefore, there is clear commonality of issues, which makes it convenient to proceed by way of a class action. The questions of fact or law to be answered in resolving this dispute are more or less the same.”
Fred allegedly made multiple contracts with people, promising them monthly profits, but it was all a scam. She's already facing fraud charges and is out on bail. Fingers crossed the victims get their money back.
