Attorney firm director nabbed for fraud and theft

After the money was paid into the trust fund account, he withdrew all of it for himself without paying out the clients

A 40 year old suspect arrested for fraud and theft was granted R5000 bail in the Tzaneen Magistrate Court.

LIMPOPO- The Hawks’ Serious Commercial Unit arrested a 40-year old suspect, today, who is a director of a certain law firm in Tzaneen.

The suspect was arrested for fraud and theft.

Hawks Spokesperson, Captain Matimba Maluleke says the suspect allegedly claimed money from Road Accident Fund (RAF) on behalf of his clients.

“After the money was paid into the trust fund account, he withdrew all of it for himself without paying out the clients and the estimated total loss of R1 950 590 was suffered by Attorneys Fidelity Fund.,” he said.

The suspect appeared in the Tzaneen Magistrate Court today and was granted R5000 bail.

“His case was postponed to the 12 of April 2017. The investigation is continuing,” said Maluleke.

raeesak@nmgroup.co.za