Property fraudster sentenced to cleaning buildings - 4 May
A Bellville mother who created a fictitious business and devised a
complicated embezzlement scheme will have to clean buildings for
three years as part of her sentence, a Cape Town court ordered her
today. In addition to having to clean and maintain buildings,
Renay Benjamin, 39, was given a three-year jail sentence, which
was conditionally suspended for five years. She appeared in the
Bellville Specialised Commercial Crime Court, where magistrate
Amrith Chabilall described her as "devious", when he sentenced her
on 46 counts of fraud. -
Moneyweb website
Keyphrase :
Schonberg Trust Management (SMT)
Alleged fraudster to have his day in court - 7 May
The fraud case against the chairperson of the International
Institute for Municipal and Public Safety has been set down for
May 25, the Belville Commercial Crime Court heard on Thursday.
Jacobus Andre Davids faces 14 counts of fraud along with his
co-accused Robert William Malherbe, a contractor. It is alleged
that Malherbe and Davids, the municipal law enforcement manager
for the Stellenbosch municipality, regularly defrauded the
municipality. Davids allegedly used his power to approve tenders
of up to R30 000 at a time. In total R254 180 had been taken. -
IOL website
KZN contractor fined for Cape scam - 8 May
A building contractor from Pietermaritzburg, who started a fake
wholesale business in Cape Town, was fined R200 000 on Friday. He
fraudulently bought consumer goods worth R2,4-million on credit,
for re-sale to retailers, with no intention to pay for the goods
himself. Westley Sigamoney was ordered in the Bellville
Specialised Commercial Crime Court to repay his 29 creditors R10
000 per month until May 2012. Sigamoney was also sentenced to
three years jail, suspended for five years, on condition that he
made the monthly payments. He was found guilty on 29 counts of
fraud. -
IOL website
Joburg's
forfeiture unit seizes assets worth over R23mil - 7 May
The Johannesburg Asset Forfeiture Unit (AFU) on Wednesday seized
assets worth more than R23 million belonging to the former
Salaries Accountant of Omnia Holdings (Pty) Ltd. Danalutchmee
Latchman, her husband and daughter were arrested and have been
charged with fraud, theft and money laundering in the Johannesburg
Specialised Commercial Crimes Court. They are due to appear in
court again on 23 June 2009. -
BuaNews Online website
Family's R23m assets seized - 8 May
For more than eight years, Danalutcmee Latchman and her family
lived the high life. As a couple, Latchman and her husband owned
five properties in Lenasia and ran three large liquor chain stores
and a disco bar. They also boasted an impressive fleet of luxury
vehicles - 13 in total. Life was good for the Latchmans until it
was discovered that the 53-year-old woman, a former salaries
accountant for Omnia Holdings, a JSE-listed company, had allegedly
embezzled money from the firm over eight years. The Johannesburg
Specialised Commercial Crimes Court granted collective bail of
R650 000. They are to appear again on June 23. But Latchman's woes
worsened on Wednesday after the Joburg Asset Forfeiture Unit and
SAPS Specialised Commercial Crimes Unit "executed a restraint
order" to freeze and restrain assets to the value of more than
R23-million. -
IOL website