Jabulani “Cashflow” Ngcobo

Jabulani “Cashflow” Ngcobo is a South African forex dealer and socialite who is currently serving a 6 year jail sentence for fraud. Cashflow was known as a flamboyant personality who was known for blowing money fast and driving super fancy cars in South Africa.

In a statement by the The Financial Sector Conduct Authority on the sentencing, FSCA wote “The FSCA welcomes the successful prosecution and sentencing of Jabulani “Cashflow” Ngcobo and Mzabalazo Welcome Dlamini on several counts of fraud and contravening section 7(1) of the Financial Advisory and Intermediary Services (FAIS) Act. The matter was in court since 2014, and the Specialised Commercial Crimes Court in Durban has now sentenced the two to six years, imprisonment, two of which were suspended, and a fine of R200 000 wholly suspended for five years.

Prior to his arrest “Cashflow” was dating influencer Tumi Linx.