Richard Simanga Ngwenya is once again trending online after reports emerged that he was arrested in
South Africa over an alleged fraud matter.
Richard is a prominent Johannesburg-based private equity investor, investment banker, and the Founder
and CEO of Nisela Capital.
Online commentators have also revived old discussions, with some describing him as a “serial debtor”
based on previous allegations shared on social media.
With his latest legal troubles making headlines, many are waiting to see what investigators uncover.
