E-Creator founder Zhao Jiaotong will spent the weekend in prison after he appeared before a Harare magistrate on Friday facing fraud charges.

Magistrate Marehwanazvo Gofa, slapped Jiatong, 39, with money laundering charges.

Jiaotong was arrested Thursday for allegedly defrauding unsuspecting Zimbabweans of over US$1million.

According to court papers,  sometime in January, Jiaotong came up with the plan to defraud unsuspecting Zimbabweans through E-Creator.

Meanwhile, he will be back in court Monday for bail application.