I have a friend whose family was classified as Indian under the laws of apartheid. They run a successful transport company. In the old days they had to employ a white person to get government business. He was paid well, and was their front when dealing with government agencies or conservative whites in large companies.
Nowadays, they have a BEE shareholding and use a black person to assist in winning government tenders.
In both cases, there is deception and an extra cost that is passed on to customers. It's not as bad, though, as the company running the Soccer City stadium whose major empowerment shareholder is a former security guard who lives in a poor faraway township.
He was cited as a "human resources executive" with a 26% shareholding in the tender documents that led to a lucrative 10-year contract with Johannesburg Metro Council.
There are plenty of other examples where domestic workers or gardeners are dressed up as "empowerment partners" only to be dumped once the contract has been won.
Larger companies have complex schemes whereby black partners may only come to own a share after many years of dividend payments or a rise in the share price that may not happen.