Mandla Lamba: Biography of Mandla Lamba, Age, Career & Net Worth.<\/b><\/p>\n
Here is all you need to know about Mandla Lamba profile<\/strong>….<\/i><\/p><\/blockquote>\n
Mandla Lamba (born 1986) is a South African fake billionaire who overnight became a poster boy for young achievement and Black economic empowerment.<\/strong><\/p>\n
Biography of Mandla Lamba: Age, Career & Net Worth<\/h2>\n
Mandla Lamba Career & Arrest<\/h3>\n
His reputation took a beating when he was nabbed at the Nelson Mandela Square in Sandton, north of Joburg, in May 2011.<\/p>\n
At the time, he faced 15 charges of fraud, theft, and culpable homicide relating to a 2007 car crash in which two people died.<\/p>\n
He appeared in the Orlando Magistrates Court the following month but was denied bail.<\/p>\n
In 2015, he was sentenced to a decade behind bars for culpable homicide in the Roodepoort Magistrates Court.<\/p>\n
Before his arrest in 2011, Lamba claimed that he had obtained a doctorate in business degree at Unisa but the institution denied the claim as his profile on a business networking site claims. The university has no record of him.<\/p>\n
Mandla Lamba then claimed he had actually obtained a Ph.D. in \u201cbusiness philosophy\u201d from the University of Liverpool \u2013 at the age of 24.<\/p>\n
Mandla was jailed at Krugersdorp Prison and later transferred to Joburg Prison, commonly known as Sun City.<\/p>\n
Mandla Lamba Net Worth<\/h3>\n
At an interview with a prominent South African daily, he claimed that he and his company, East American Resources (EAR), were easily worth \u201cbillions.\u201d\u00a0 He claimed to have a net worth of R2.1 billion (US$350 million).<\/p>\n