Lamba received extensive publicity about his imagined billionaire status and fictional vast mining assets.

FORBES: Fake South African Billionaire Arrested For Fraud, Homicide Charges

Lamba thinks the company will report gross margins of 41.5%, about 250 basis points above guidance.

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According to news reports, Mandla Lamba appeared in the Orlando Magistrate court on Thursday where he was denied bail.

FORBES: Fake South African Billionaire Arrested For Fraud, Homicide Charges

After a news expose on him was published, Lamba became a fugitive.

FORBES: Fake South African Billionaire Arrested For Fraud, Homicide Charges

Lamba created a persona that appeared to live a flashy lifestyle.

FORBES: Fake South African Billionaire Arrested For Fraud, Homicide Charges

Singapore has also deployed GPS technology to reduce traffic jams, a tactic that Naveen Lamba, an transportation analyst with IBM, has proposed we adopt for our clogged roadways here.

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Analyst Abhey Lamba writes in a research note that consumer PC demand is now likely to be up just 1% this year, down from a previous forecast for 6% growth.

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In a Tuesday research note, Mizuho Securities analyst Abhey Lamba predicted Microsoft's closer ties will push more PC makers to produce machines that run on Google's Chrome operating system and other software besides Windows.

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Mandla Lamba was no billionaire, it was discovered.

FORBES: Fake South African Billionaire Arrested For Fraud, Homicide Charges