‘Madam Boss’ Taken To Court Over Ponzi Fraud Charged E-CreatorHARARE – 16 July 2025 — In a dramatic twist that has rocked Zimbabwe’s influencer scene, socialite and award-winning actress Cleopatra Tarisai Munetsiva, popularly known as Madam Boss, is set to be summoned to testify in the high-stakes trial of E-Creator Ponzi scheme directors, accused of defrauding citizens of over US$364,000.
The Harare Magistrates Court yesterday opened the long-awaited trial of Jao Zhao Jiatong and William Chui, both of whom are facing fraud charges for allegedly running a fraudulent pyramid scheme disguised as a lucrative e-commerce and cryptocurrency investment platform.
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While Jao and Chui have both pleaded not guilty, the prosecution has listed Madam Boss, alongside fellow socialite Admire “Mama Vee” Mushambi, as key witnesses in the unfolding scandal — raising serious questions about the role of celebrity endorsements in legitimizing criminal syndicates.
Alleged Fraud Scheme Unpacked
According to State Prosecutor Loveti Muringwa, the accused launched E-Creator Electronic Commerce (Pvt) Ltd in early 2023, luring thousands of Zimbabweans into depositing money via EcoCash under the false promise of high investment returns through a supposed digital commerce and cryptocurrency operation.
Prosecutors allege:
• Over US$250,000 was processed via an EcoCash agent linked to Blessing Julias.
• Jao Zhao Jiatong, a Chinese national, and Billy, a local accomplice, were the masterminds.
• They exploited the digital currency hype, converting deposits into cryptocurrency while knowing the platform was fraudulent.
Jao and Chui: “We’re Innocent”