The accused were charged with fraud and operating an illegal investment scheme.
Two suspects appeared in the Kuruman magistrate’s court on Wednesday after allegedly defrauding community members of an estimated R231 500.
Hawks provincial spokesperson Nomthandazo Mnisi said the accused Siyanda Khumalo, 26 and Sandile Masingo, 44 were arrested by the local crime prevention on February 16.
“The case was handed over to the Hawks Serious Commercial Crime Investigation team for further investigation.”
She said the accused were charged with fraud and operating an illegal investment scheme.
“Information was received regarding suspects operating an illegal investment scheme in Kuruman, where community members were defrauded an estimated amount of R231,500.”
Mnisi said the case was postponed until February 22 for a formal bail application.