Latest News & Developments
accounting crime
SA Government welcomes arrest of six accused of BEE fronting and R400 million Eskom, Sasol tender fraud
The six directors of a Johannesburg-based engineering company, NJM Heat Treatment & NDE Services (NJM) - Mark Douglas Smith, 61, Alexander Elias Roditis, 45, Vanessa Chungu, 43, Raymond Crozier, 62, Guy Phillip Le Roux, 56, and Ronald James Hoy, 58 - have been charged with BEE-fronting, fraud, theft, and money laundering.
AXED! Unsanctioned overseas trips costs SAIPA boss his job
Shahied Daniels was given his marching orders after a disciplinary process.
Tshwane Metro Police says it is shocked one of their cops is co-accused in R16. 5 million KPMG bursary fraud case
The Tshwane Metro Police Department (TMPD) has expressed shock after one of its traffic officer was named as a co-accused and granted R50,000 bail in the R16. 5 million KPMG bursary fraud case.
Former Steinhoff executive Stephanus Grobler appears in court
Former Steinhoff executive, Stephanus Johannes Grobler, has appeared in the Pretoria Specialised Commercial Crimes Court on charges against Steinhoff International Holdings.
Cardinal found guilty of embezzlement in Vatican 'trial of the century'
Cardinal Giovanni Angelo Becciu was barred from holding any Vatican office. He was found guilty of three counts of embezzlement and sentenced to five years and six months in a verdict read out in a converted quarter of the museum that houses the Sistine Chapel.
Former KZN secretary arrested after allegedly stealing R2 million from Road Accident Fund claimants
The woman, who cannot be named until she has appeared in court, was nabbed by the Commercial Crime Investigation Unit on Sunday.
Accounts clerk accused of defrauding Massmart of R3 million to appear in Durban court
A 38-year-old man, facing 50 counts of fraud, is set to appear in the Durban Magistrate’s Court on Tuesday.
Lawyers’ fidelity fund ordered to pay woman R800K after her lawyer stole funds
Legal Practitioners Fidelity Fund has been ordered to pay a woman over R790 000 plus interest after her attorney misappropriated the funds.
Former SARS manager arrested for R2 million tax fraud
A former operational manager at South African Revenue Services (SARS), was arrested in connection with R2 million tax fraud.
Accountant appears in court over alleged theft of R5m from his employer
An accountant accused of stealing over R5m from his employer appeared briefly in the Rustenburg Magistrate's Court on Thursday.
Four in court for over R4 million Eskom contract fraud
Four people were arrested in Emalahleni formerly Witbank in connection with over R4 million Eskom contract fraud.
Eastern Cape attorney in court over alleged R3. 5m RAF fraud
An attorney was arrested for alleged theft of R3. 5 million RAF money in the Eastern Cape.
Accountant in court for over R11 million fraud
An accountant was arrested in connection with more than R11. 4 million fraud in Despatch, in the Eastern Cape.
Businessman convicted for Experian data breach re-arrested after failing to appear in court, saying his child was sick
Convicted businessman Karabo Phungula, who has been convicted for the 2020 Experian personal data breach, has been arrested for failing to appear in court on several occasions.
Man in court for R12 million Volkswagen SA fraud
A fleet administrator at Volkswagen South Africa (VWSA) was arrested in connection with fraud amounting to R12 million.
SA fund manager released on R270m bond in fraud and currency manipulation case
A South African born fund manager in the UK, Neil Phillips, pleased not guilty and was released on a R270 million bond after he was charged with currency manipulation and fraud by the US Attorney in New York.
Woman arrested for allegedly defrauding her Cape Town employer of R15 million
The woman who worked at a distributing company, allegedly convinced clients to deposit company funds into her personal bank account.
There’s safety in being suspicious online
Experience shows there’s never a time to let your guard down
Tech firm EOH to repay R191m to Dept of Water and Sanitation
The SIU and the Department of Water and Sanitation (DWS) have signed a settlement agreement with EOH, a JSE listed technology company, to pay back over over R178m it irregularly received.
Police arrest 17 accountants in Malawi over fraud allegations
Fiscal Police officers have arrested over 17 civil servants on suspicion that they are linked to fraud allegations at the Department of the Accountant General.
Hawks arrest five in connection with R700k Winnie Madikizela-Mandela Museum fraud
Five people including top government officials were arrested in connection with the R700 000 fraud linked to the Winnie Madikizela-Mandela Brandfort House Museum.
Former attorney in court over alleged theft of R700k from RAF claimants
Former Rustenburg attorney accused of stealing approximately R700 000 from the Road Accident Fund claimants, appeared briefly in the Rustenburg Magistrate's Court.
WATCH: Here are 6 things you need to know about the multibillion dollar futuristic mega-city that fugitive Prophet Shepherd Bushiri is building in Malawi
This past weekend, over 2 100 religious tourists travelled from various parts of the world to observe the construction process of the mega-futuristic city.
SA applies for extradition of fraud accused Gupta brothers
South Africa has submitted a formal application request for the extradition of Atul Gupta and Rajesh Gupta from the United Arab Emirates.