Ricochet News

HAWKS bust 12-member syndicate for R900 000 fraud

Feb 19, 2018
HAWKS bust 12-member syndicate for R900 000 fraud

A 12-member syndicate appeared briefly at the Postmasburg Magistrates’ Court on charges of fraud last week.

"The group is suspected to have orchestrated a wave of fraudulent transactions submitting fraudulent loans," said HAWKS spokesperson, Nomthandazo Mnisi. 

"The group utilised fraudulent identity documents and payslips purporting to be employees at various mines in and around Postmasburg.

"Almost R900 000.00 was lost by the financial service provider."

She ssaid that investigation by the Hawks led them to Margaret Ntombizodwa Mabebe (37) and subsequent investigations led the team to other 11 suspects.   

"All suspects were released on R1 000 bail and the case has been postponed to 23 February 2018 pending further investigations."