Top officials of four South African municipalities have been duped by a rudimentary scam after they struck "agreements" to receive between$2-billion and $5-billion (about R22-billion to R53-billion) "free" funding from a shady international grant facilitator.

Scammers promising HUGE amounts of money for business, charitable and other purposes is nothing new.
IRS exposed such a scam that duped several South African municipalities way back in 2014. Read the story at this link: