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Fake collateral lands businessman in court

THE director of Super-C Group is in trouble for acquiring a US$160 000 loan from a local bank using assets he did not own as collateral.Alvin Muparutsa and his company are facing fraud charges.However, Muparutsa was granted US$1 000 bail by Harare regional magistrate Jesse Kufa.The court heard that sometime in May 2024, Super-C Group…

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