|
REPORT FRAUD! COURT CRACKDOWN CONTINUES
The trend towards a tougher stance on white-collar crime continues.
Fraud is a "serious crime" which is "endemic in our society" held the High Court recently in confirming an effective 5 year prison sentence (with a further 3 years conditionally suspended for 5 years) on a clinical psychologist - a first offender - convicted of five counts of fraud involving R720.000. She had, in order to obtain bridging finance for a property transaction, forged letters purporting to show her entitlement to funds from the sale of an overseas property.
This follows the Supreme Court of Appeal's confirmation earlier this year of an effective 4 year prison sentence (another 2 years suspended) imposed on a motor dealership sales manager convicted of 157 counts of fraud and one of corruption. He was found to have been a "willing participant" in an "elaborate fraudulent scheme" which defrauded SARS of some R1.6m in output VAT.
If you become a victim of fraud, report it!
Recent Articles for October 2011;
Source: www.dotnews.co.za
| 
