Harare Bitcoin Bandit Lives Large After 566K Heist

Prosecutors claim a digital expert stole over half a million dollars in Bitcoin from a Harare eye doctor. Lloyd Chiyangwa, 31, faces money laundering charges after allegedly taking US$566,392 from Dr. Solomon Guramatunhu between October 2021 and March 2023. Police say Chiyangwa spent the stolen money on cars and properties.

Court records show he bought several vehicles—a Toyota Allex, Mitsubishi ASX, and Toyota Runx—and three properties, registering them under other people's names to hide where the money came from. Dr. Guramatunhu discovered the theft and reported it to the authorities.

The CID Asset Forfeiture Unit handles the case, but they haven't recovered any stolen funds. Chiyangwa, already held for similar cryptocurrency cases, remains in custody. He will appear in court today for his bail hearing before regional magistrate Donald Ndirowei.
 

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