Four suspects were arrested by members of Nelspruit Commercial Crime Investigation Unit on Tuesday for fraud, theft, money laundering and contravening the Reserve Bank Act.
Read: Four municipal employees arrested for fraud
It is alleged that a 70-year-old retired Doctor was deprived his pension money in Nelspruit by four intruders who told him that they want to invest his money in Ivory Coast for a project which in two years will multiply.
A pensioner who thought of securing the money for his family, surrendered over R16 Million after he was promised that his money will be safe and multiply. The suspects converted the money into Euro and deposited into bank accounts in other countries in Africa.
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The four, Andre Hatting (48), Hendrik Ludolph Visagie (61), Ingrid Math Ilde Eybers(47) and Johannes Petrus Eybers (55) were arrested after five years investigation, and they appeared in Lydenburg Magistrate Court on Tuesday and they were granted R2 000 bail each and the case is postponed to April 24 for trial.
