A Soweto man, suspected to be a syndicate member, will appear in the Alexandra Magistrates’ Court on 17 January for alleged business fraud.
He was arrested after R100 000 allegedly gained fraudulently was deposited into his account. The offence is said to have involved a former female employee of a large corporation who solicited for tendered services from a supplier under false pretences.
The company was asked to purchase and deliver goods from another company to the corporation. The defrauded tenderer was sent an invoice of R204 000 by the company for the goods and asked to pay a deposit of R100 000. They solicited for support from someone who loaned them the deposit money with an agreement that he would submit an invoice of the total amount to the corporations and recover his money with the balance forwarded to the tenderer.
When the lender submitted an invoice to the corporation, he was told of the former employee’s fraudulent activities using the corporate’s name and that the payment had not been directed to its account as purported. Investigations traced the account number to the arrested man who is in custody pending the court appearance.
