Portion 41, which is privately owned by Bluedot Properties and has since been renamed Morena Seaka View by the illegal occupiers, was invaded in 2015 after a land claim was launched by the Mojapelo clan in 1996.
The land claim on the portion of land has not yet been settled because of disputes among various clans.
The occupation of the land has since been declared illegal in two court judgments.
Residential sites were then allegedly sold illegally to unsuspecting members of the public by the so-called Morena Seaka Home Owners Association.
News24 has seen documents that show the sites were sold for R2 500 before the price shot up to R120 000 in 2019.
The money was either paid in cash or deposited into an Absa bank account. By the end of 2019, more than R3.8 million was deposited into the account.