Lionel Tanaka Zvarivadza faces fraud charges for a US$91k loan scam

A slick loan hustle just collapsed after cops nabbed the guy who tricked a bank out of more than 91 grand using fake workers.

Lionel Tanaka Zvarivadza's arrest

• Lionel Tanaka Zvarivadza got picked up last week.
• He recruited 35 people for the fake scheme.
• Suspect forged papers to claim they worked at a security firm.
• The bank handed out loans of one thousand to five thousand dollars each.

Fraud and laundering charges

• Police slapped him with fraud and money laundering counts.
• Detective Inspector Rachel Muteweri confirmed the bust.
• Loans got approved, then deducted from the supposed salaries.
• Defaults exposed the whole con when the real company denied everything.

Public warning issued

• Cops now tell folks to double-check any deal.
• Lenders should verify workers and paperwork closely.
• Similar scams keep targeting financial setups.
• Authorities push extra caution to dodge future losses.