Ovation curators to sue Metropolitan
The curators of
Investments plan to sue Metropolitan Life, a subsidiary of
Metropolitan Holdings (JSE:MET) for an amount of at least R47m. This
amount was stolen from Metropolitan clients as part of a broader scandal
involving theft and fraud at Ovation and Fidentia.
SACP ‘donor’ Modise in court for R35m tender fraud
Charles Modise, a Malawian businessman arrested for alleged
tender fraud to the tune of R35 million in Northern Cape,
appeared in the Kimberley magistrate’s court yesterday.
National Prosecuting Authority (NPA) spokesman
Tlali Tlali said the case was postponed to November 28 and 29
for a formal bail application.
The Scorpions arrested Modise in Gauteng after an
investigation into alleged tender fraud dating back to 2003.
Security top of banking agenda
remains small to
medium businesses' most pressing issue when
considering business electronic banking products, according
to a report by research firm BMI-TechKnowledge.
of security is understandable, as
Internet fraud – specifically phishing – is a constant
threat to these businesses,” says banking analyst and
co-author Selvie Naicker.
Fraud case ‘stalled’
Mmakaunyane, Mpumalanga councillor, Shangy Mbekwa, has
accused the police of using delaying tactics after he opened
a fraud case against the mayor of Moretele, three officials
and two councillors.
Mbekwa said he was serving in the finance
portfolio committee of the Moretele local municipality.
“As political head of expenditure I have been
struggling since August to get clarity from the official head
of expenditure, chief financial officer, municipal manager,
speaker, whip and mayor Asnath Molewa.
“Now projects for service delivery have stuck due
to lack of funds, but the mayor has bought a new BMW X5 worth
R500 000 without following correct procedures.
“Molewa now uses two vehicles. The other one is a
Toyota Prado which she bought last year for R500 000.
Syndicates target waiters across SA
With the festive season
approaching fast and the 2010 World Cup getting ever closer,
credit card skimming syndicates are targeting cash-strapped
and drug-hungry waiters at top restaurants across the
Experts say waiters could be earning double their boss's
profits a night as syndicates pay waiters, known as
And the higher the available credit on the skimmed card, the
more the runner is paid.
AG spends R3m to recover R12000
A top employee in the office of
the Auditor-General (AG) has earned almost R1m while sitting
at home as the battle to fire her, and recover the R12 542.50
she allegedly misappropriated, continues to gobble up more
The AG has spent more than R3m
to pursue Bridget Mohlala, the former business executive of
operational and transactional management who earns R920 000 a
The costs consist of legal
fees, a forensic audit report, her salary while sitting at
home and the hiring of two consultants acting in her absence.
Pyramid structures have a habit of collapsing like a house of
Over the years, one of the
recurring methods of scam artists is to use pyramid
structures to lure people who want to earn a fast buck.
The scam artists rely on consumers' inherent greed to make
their schemes work. But when these schemes collapse, the
willing victims want someone to retrieve their money and
squeal about the lack of regulation to protect them.
Pyramid structures can, however, be both legal and illegal.
To be legal, they must have a product attached. The legal
operators prefer their structures to be known as multi-level
marketing or network marketing to distance themselves from
the crooks. The only problem is that some of the undesirables
now also claim to be multi-level marketers.
Fraud: Chief awaits fate
Mogwase regional court magistrate, Stefaan du Toit, will
decide on March 31 next year whether chief Nyalala John
Molefe Kgafela has committed fraud of R27 million.
The Bakgatla ba Kgafela chief from Moruleng in
Saulspoort, North West, is facing 43 counts of theft,
corruption and defrauding the Land Bank of R27 million.
Guards for politicians at R13 000 a day
The Democratic Alliance (DA)
has complained that it was a "waste of taxpayers' money" to
hire private security guards at a cost of R13 000 a day -
R2-million over five months - for four Bitou councillors
attacked by community members.
Malawi power chief arrested
Blantyre - Malawi's anti-corruption agency
has arrested the head of the country's power generating company over
allegations of graft, officials said on Thursday.
A spokesperson for the Anti-Corruption Bureau (ACB) said Kandi Padambo,
chief executive officer of the electricity supply commission of Malawi (Escom),
was arrested late Wednesday in the commercial capital Blantyre and would
face charges of "misuse of public office and failure to disclose
Prosecutors have said about $92-million
(R605-million) were lost through fraud and corruption from 1994 to 2004,
when Muluzi was in power.
Credit card fraud on the increase, warns Absa
Fraudulent credit card transactions have
cost SA business between R25-million and R40-million in the past 18
months - and that is only what has been reported so far, according to
Abbie Milton from Absa Bank's card merchant services.
Scab boss held
man accused of defrauding almost 200 pensioners and deserting them on
Cape Town Station has appeared in court on a charge of fraud.
Patrick Ramano, chief
executive of Senior Citizens Advisory Bureau (Scab), a non-governmental
organisation, was arrested on Tuesday at the luxury Cape Town
Court clerk nabbed for fraud
A Pietermaritzburg court clerk was
arrested after being linked to 178 counts of theft and fraud, KwaZulu-Natal
police said on Wednesday.
Spokesperson Inspector Joey Jeevan said a special task team arrested the
38-year-old woman at the Pietermaritzburg Magistrate's Court on Tuesday
after months of intensive investigations.
FSB to get teeth to enforce its rulings
CAPE TOWN — The
Financial Services Board (FSB) plans to strengthen its grip by
introducing enforcement tribunals able to impose administrative
penalties and retrieve investors’ money lost in reckless or fraudulent
U.S. cannot account for Iraq contract
WASHINGTON (Reuters) - The
State Department does not know specifically what it received
for a billion-dollar contract with security firm DynCorp
International to provide training services for Iraqi police,
a U.S. watchdog agency said on Tuesday.
The Office of the Special
Inspector General for Iraq Reconstruction (SIGIR) said it was
forced to suspend its audit of the DynCorp contract after
administration officials told investigators they had no
confidence in their own accounting records.
Manguang corruption case postponed
The former mayor of Manguang in
the Free State, Papi Mokoena, had his corruption case
postponed on Monday, SABC news reported.
Ithala loans practice to be probed
The Standing Committee on
Public Accounts (Scopa) has called for independent forensic
investigations into allegedly irregular, tax-funded loans
awarded by Ithala Development Finance Corporation to "related
parties", including its boss, Sipho Nyembezi.
Phishing: Do not be fooled, customers warned
The technology may be new, but
fraudsters still use an age-old trick on the Internet:
creating a sense of false confidence.
Since the advent of the Internet, criminals have used it to
line their pockets. Despite warnings, thousands still fall
victim, especially as new users flock to use services such as
banking and shopping.
Fresh scams are hatched daily and currently a favoured method
SA scores badly in fraud survey
New study shows that
white-collar crime is rampant and visible — once you start
looking for it, writes Richard Stovin-Bradford.
The more companies try to root out economic crime,
the more shocking the statistics will appear.
This is one conclusion of a global survey by
professional services firm PricewaterhouseCoopers (PwC).
PwC partner Louis Strydom said: “The more controls
you have, the more incidences you’ll have. If you do not
look, you do not see. Conversely, once you know what to look
for and go looking for it, you are more likely to find it.
Travel scam: MPs neglect to pay up
MPs owe Parliament more than
half the R17,2-million lost in the Travelgate scam but so far
Parliament has recovered only a fraction of its missing
According to Parliament's annual report, liquidators have
established that MPs, former MPs and their associates owe
more than R9,4-million. The rest is owed by other parties.
Scorpions investigate KZN Agriculture department
department is being investigated by the Scorpions, the
National Prosecuting Authority (NPA) confirmed.
NPA spokesman Tlali Tlali said there was an
investigation taking place amid allegations of fraud and
Johannesburg council confirms fraud scam
The city of Johannesburg has uncovered a
scheme where a "close corporation" issued the city's customers with
fraudulent cut-off warnings and requested payment of outstanding
balances, the city said on Wednesday.
The city said the scam required people to pay their municipal accounts
into a Standard Bank account and promised to restore disconnected
Telkom loses R350m through fraud
Communications Minister Ivy
Matsepe-Casaburri told the National Assembly on Wednesday that the
state-owned telecommunications giant Telkom has lost R350-million over
three years through fraud.
Face to Face - crime (Podcast)
It’s common knowledge
that South Africa has a crime problem, but how does South Africa rate on
white collar crime? Summit Business TV speaks to Jabu Mahlangu from PWC
Cast stones if you’re squeaky clean
Moneyweb readers are fine
upstanding citizens and are infuriated by the many tales of
crookedness, corruption and fraud that it is our duty to
Judging by the comments at the
bottom of crime and fraud stories, I reckon we could round up
a lynch mob in no time.
Many were incensed by this
week's PWC biannual economic crime survey that found that 71%
of SA companies surveyed were defrauded of more than $10 000
We all feel terribly indignant
when this official or that businessperson is accused of
corruption, fraud and theft.
But before we cast stones,
perhaps we should look at ourselves.
40 Cisco employees arrested
40 Cisco employees have been arrested by
Brazilian authorities, as part of a massive tax fraud investigation.
Police and tax authorities say that Cisco's Brazilian unit has imported
£250 million worth of telecommunications and network equipment over the
last five years without properly paying import duties. In all, it is
claimed that the company owes an estimated 1.5 billion reais (£410
million) in taxes, fines and interest.
Corruption is rife in British business
Britain is becoming a hotspot for
corruption and bribery and the number of British companies affected by
economic fraud in the past two years is almost twice the global average,
according to a report released today by PricewaterhouseCoopers.
More corporate fraud emerging in SA: survey
South African companies reported an
average of 23 cases of fraud during the past two years, with each
organisation losing an average of over R7,4-million in that period,
according to a survey released on Tuesday.
This was a 110 percent increase on the number of fraud cases reported by
SA companies in 2005, according to the PricewaterhouseCoopers (PWC) 4th
biennial Global Economic Crime Survey.
Nortel Pays $35 Million to Settle Fraud Charges
Nortel and its
principal subsidiary, Nortel Networks Limited, will pay $35
million to settle civil fraud charges with the Securities and
Exchange Commission and will take steps to prevent fraud in
the future, the S.E.C. and the company said Monday.
UCB official to hear fate later
JOHANNESBURG – The former
general manager for finance and administration of the United
Cricket Board of South Africa, Diteko Modise, was in court
yesterday to hear whether it would be accepted that he had
been made a scapegoat, or whether he would be convicted of
Mpumalanga housing fraudster sentenced
Nelspruit - A Mpumalanga housing
contractor has been sentenced to three years imprisonment for defrauding
the provincial Local Government and Housing Department of R100 000.
Surprise Mphokane of Mamosuthu Construction, defrauded the department of
R102 061 and has been sentenced to three years imprisonment suspended
for five years
The department said that Mr Mphokane was appointed to build 25
Reconstruction and Development Programme (RDP) houses in the Thaba Chweu
municipality but he "claimed for work that was not done".
Russian firm ‘world hub’ for crime sites
One Russian company has become
a world hub for sites specialising in kiddie porn, spamming
and identity theft, say computer security experts quoted by
And the Russians have provided
little help in efforts to shut down the company, it says.
The Russian Business Network,
“sells Web site hosting to people engaged in criminal
activity,” says the story, going on:
Government has in the past year saved R213
million by preventing fraudulent social grant payouts. The investigation
by the Special Investigation Unit (SIU) into fraud, corruption and
maladministration that plagued the social grant system has -- since it
started in 2005 -- prevented R690 million from being paid out to
fraudulent claimants, its head Willie Hofmeyr said today.
Investigating unit saved government billions - Skweyiya
fraud, corruption and maladministration in SA’s social grant system have
saved government about R7,7bn since inception, Social Development
Minister Zola Skweyiya said today.
Name of former education official cleared
Former Western Cape education personnel
head Mogamat Kashief Galant was on Monday acquitted on corruption and
The case in the Bellville Specialised Commercial Crime Court arose from
the plight of a group of contract teachers in Oudtshoorn, who received
their monthly salaries up to two weeks late.
CONSUMERS are at increased risk
of identity theft, opening the way for an attack on their
bank accounts, investments and credit card accounts, says
leading life assurer Liberty Life.
Unfortunately, public awareness
of the risk remains low, according to Andrew Jacobs, Group
Executive - Risk, at Liberty Life.
Scorpions, FSB chase up Leaderguard
THE four main players
in the Leaderguard investment scam that left 1700 investors, mostly
South African pensioners, more than $57m out of pocket could be
Employees obliged to blow the whistle on dishonest colleagues
People have a tendency to resist getting
involved in matters that do not affect them directly.
Not many employees are willing to report
the wrongdoing of their fellow employees. Whatever the reasons, this
makes it difficult for employers to eradicate illegal or dishonest
practices in the workplace.
Can an employer discipline an employee for
failing or refusing to disclose information about the illegal activities
of a colleague? On one hand there is legislation such as the Prevention
& Combating of Corrupt Activities Act of 2004, which provides that
senior members of management must report to the SAPS instances of theft,
fraud or corruption involving an amount in excess of R100000. Failure to
do so constitutes a criminal offence.
School receives jam, butter but no bread
HUNDREDS of children at a
Nelson Mandela Bay primary school are receiving bountiful
government supplies of jam and butter – but have not received
any bread to put it on for the past five months.
The bungle – caused by the collapse of the
Eastern Cape‘s School Nutrition Programme (SNP) – has left pupils at
Despatch Primary School hungry and unable to concentrate on their
The supplies have been building up at the
school and the education department has now told the principal to give
the stock of butter and jam away to children.
The Scorpions are probing the SNP in the
province after a forensic audit uncovered massive corruption behind the
collapse of the R230-million programme since August.
Tip-off leads to seizure of bank cards
More than 100 suspected cloned bank cards
were seized and three people arrested at Durban International Airport
And now police from the project investigation team of Durban's
commercial branch are working with bank officials to retrieve the
account details on the cards so they can ascertain if the cards have
been used and the accounts plundered.
NPA must rehire corrupt official
Justice Minister Brigitte Mabandla has
asked the National Prosecuting Authority (NPA) to reinstate its former
deputy director and convicted fraudster Cornwell Tshavhungwa, in an
apparent move to reassert her authority over the institution.
Insurers battle to stem tide of fraudulent claims
Johannesburg - The value of fraudulent
claims submitted to life insurers across the country increased from
R99.5 million in the first six months of last year to R122.3 million in
the year to June, the Life Offices' Association (LOA) said yesterday.
But life companies had reported a reduction in the number of fraudulent
life claims. These had dropped from 1 651 to 654 in the same period.
Two SABC employees on 'special leave'
Two Lesedi FM managers have been put on
special leave to prepare for an internal disciplinary hearing, the SABC
said on Thursday.
Spokesperson Kaizer Kganyago said the action against Lesedi radio
station manager Pula Pula Mothibi and programmes manager Wire Khaoli was
taken after an internal audit.
The probe into alleged mismanagement at the station ended in two
presenters facing criminal charges.
The two are Thuso and Mmamontha Motaung who have been charged with fraud
Their trial is scheduled to begin in March in the Johannesburg
Commercial Crimes Court.
Travelgate: two remaining MPs may make a deal
CAPE TOWN — An African
National Congress MP and a former Democratic Alliance MP, the last
remaining parliamentarians facing charges in the R24m Travelgate scam,
could still reach a plea bargain with the Scorpions before their next
appearance in court in December.
Conveyancing secretary jailed
An attorneys' conveyancing secretary who
worked her way up from temporary jobs to a permanent position of trust,
was on Wednesday jailed for five years on 89 fraud charges involving
more than R400 000.
Denise Lillian Kidd, 48, appeared in the Bellville Commercial Court,
before magistrate Amrith Chabilall, who authorised the prison
authorities to release her into house arrest when - in their opinion -
the time for her release was right.
Kidd wept as she told the court of her addiction to gambling, and how it
had landed her in severe debt with an unnamed "loan shark".
Kenya: World Bank Boss Takes Graft War to Accountants (Kenya)
World Bank country director Colin Bruce is
accusing accountants of complicity in a pending bills fraud that would
have cost the taxpayer nearly Sh90 billion.
Mr Bruce claims the fraud - in which
contractors and other suppliers filed claims for phantom deliveries-was
abetted through negligence and conspiracy by accounting officers both in
the Government and the contracting firms.
'I will not ask Mbeki'
Four independent legal experts are to
scrutinise the Scorpions' case against police commissioner Jackie
Selebi to help stand-in National Director of Public Prosecutions,
Mokotedi Mpshe, make his crucial decision on whether South Africa's
top cop should go on trial.
A warrant for Selebi's arrest was
cancelled late last week, pending this review of the Scorpions'
probe into Selebi for possible criminal charges that could include
corruption, fraud, defeating the ends of justice and racketeering.
Nine in court over fraud probe
Nine people appeared in the
Bloemfontein Magistrate’s Court yesterday in connection with the
Scorpions’ investigations at the Mangaung Local Municipality.
They face charges of fraud, corruption and money
laundering which is linked to the pending case against former mayor
Pappie Mokoena, his wife Granny and various other former senior
One of the nine, who appeared in court, was released on a
warning while the rest were granted bail of between R10,000 and
World's largest 'diamond' denounced as plastic fake
After more than a month of
speculation, the "world's largest diamond", said to be twice the
size of the famous Cullinan diamond, was on Friday denounced as a
"piece of plastic" by the man at the centre of the drama over its
Accusing former associates of a scam, a British property developer,
Brett Jolly -- who thought he was going to be fabulously rich as a
result of the find -- said he was going to lodge a complaint with
Keep an eye on SIM cards
arrested corrupt staff employed in cellphone shops in connection
with illegal SIM card swapping.
“Cellphone service providers are working closely with SAPS to
identify the staff members involved in assisting with unauthorised
SIM swaps,” says police spokesman director Phuti Setati. The corrupt
staff members are in cahoots with phishers and other cyber
"SIM swaps are
done in order to obtain passwords and access codes sent from banks
to their clients via cellphone, to enable legitimate clients to
transfer money on the
Internet from their account to other accounts,” says Setati.
Investigations into KZN health boss completed
Investigations into allegations of
fraud against the KwaZulu-Natal provincial health department head
have been completed and the report has been forwarded to the
province’s premier, the provincial director general Kwazi Mbanjwa
said on Friday.
KwaZulu-Natal premier Sbu Ndebele
announced on September 19 that provincial health superintendent Busi
Nyembezi had taken “voluntary leave.
Shady tax deals
Through the dark
days of apartheid and beyond, an industry thrived on ingenious
ways to minimise its clients' tax obligations. Some of SA's
blue-chip banks, as well as more dubious financial boutiques, were
involved. But now those secrets are tumbling out in a number of
high-profile public hearings. They provide a rare insight into the
financial wizardry involved - and the SA Revenue Service 's (Sars)
efforts to clamp down on them.
The desperate bid to shield Selebi
New information has emerged which
flatly contradicts the presidency’s denial that President Thabo
Mbeki acted to shield police National Commissioner Jackie Selebi by
suspending National Director of Public Prosecutions Vusi Pikoli.
Information obtained by the Mail &
Guardian shows that Pikoli’s suspension marked the beginning of
a scramble to protect Selebi, which saw acting prosecutions director
Mokotedi Mpshe -- appointed by Mbeki as Pikoli’s replacement -- make
two late-night interventions to prevent moves against Selebi from
Waiters held for skimming cards
Police have arrested nine waiters at a
Canal Walk eatery after uncovering a syndicate skimming credit
The eight men and lone woman had been arrested by the commercial
crime branch, said police spokesperson Randall Stoffels.
Stoffels said they had used a skimming device and cloned credit
cards to push through false transactions and take cash out of the
Media24 comes clean
Media24 confirmed on Wednesday that
five Touchline Media magazines inflated their circulation figures
between July 2005 and June 2007 and that three senior managers
including managing director Marc Blachowitz resigned in connection
with the irregularities.
Curators of embattled asset management
company, Fidentia, say they are discussing a possible deal with the
National Prosecuting Authority (NPA), which may result in the
alleged kingpin behind the scandal, Steven Goodwin, returning to
Chile judge orders arrest of Pinochet family
A Chilean judge on Thursday ordered
the arrest of the widow and five children of late dictator Augusto
Pinochet as part of an investigation into allegations of corruption,
judicial sources said.
Cotton tells his side of the story
As much as R30-million of FNB clients'
money could have passed through a bank account set up in the name of
Clinton Cotton's wife, but only about half of that was allegedly
misappropriated by Cotton.
During his bail application in the Commercial Crimes Court on
Wednesday, Cotton, a financial adviser with FNB, said the money he
"supposedly used" amounted to about R12,5-million to R13-million.
In what has been described as one of
the worst months in media giant Media24's history, the focus turns
to how to deal with the fallout and how to prevent such a damaging
scandal to the entire magazine publishing industry from ever
happening again. Was it the fault of organisational culture? The
increasing competition in the magazine marketplace, or just fraud on
the part of a few individuals?
United States law enforcement agencies
and their global partners are battling to stop international fraud
scams which are ripping off unsuspecting citizens to the tune of
millions of dollars.
Victims are asked to deposit fraudulent cheques into their bank
accounts, and transfer a certain percentage to the accounts they are
given by fraudsters. The scam is believed to have originated in
LeisureNet duo sweats as judge ponders seizure
Peter Gardener and Rod Mitchell will
have to sweat it out after Acting Judge Dirk Uijs, who sentenced the
former LeisureNet joint chief executives to jail terms earlier this
year, yesterday reserved judgment on the Asset Forfeiture Unit's
application to seize proceeds of the fraud for which they were
Home affairs officials bust for fraud
Two employees of the Department of
Home Affairs were granted bail by the Johannesburg Magistrate's
Court following their arrest for allegedly obtaining cash from
foreign nationals, police said on Wednesday.
The two, and two accomplices, were arrested on Tuesday, following a
tip-off from people who had paid money to obtain South African
Fidentia duo in court
Fidentia boss J Arthur Brown and
financial director Graham Maddock appeared briefly in the Cape Town
magistrates court on Wednesday.
The case was postponed to December 7 for a regional court date, and
for the state to give the defence teams a charge sheet.
The appearance follows their rearrest in August on fresh fraud and
In a separate case, they were joined in the dock by Piet Bothma, the
suspended chief executive of the Transport Education Training
New scandal rocks Bhisho
Auditor-General can’t exclude
collusion, fraud and corruption
THE Eastern Cape auditor-general has delivered damning reports on
two key provincial departments, raising alarm over the irregular
expenditure of billions of rands of taxpayers’ money.
It was a case of déjà vu yesterday for the Education and Health
Departments when the annual reports of provincial Auditor-General
Singa Ngwala were released in the Legislature.
Ngwala hammered several departments – Health and Education in
particular – after another set of poor financial statements for
Shaik done, all eyes back on Zuma
Prosecutors investigating former
deputy president Jacob Zuma have said that Tuesday's constitutional
ruling against Schabir Shaik will affect their probe.
Constitutional Court judges on Tuesday
ruled that Shaik's appeal against his corruption and fraud
convictions stood no realistic chance of success and that his
15-year jail term stood
IT security suspension
the offices of the Limpopo department of public works remains
questionable after the recent discovery of data lines that were
This follows the discovery of a second data line which
was installed in the department’s Polokwane offices.
It is feared this could compromise and expose sensitive
information to the wrong people.
The line was allegedly connected by a senior manager for
Information Technology , Jaster Chimanzi.
Chimanzi, is a Zimbabwean national and has been suspended
Home Affairs clears out 189 officials
Department of Home Affairs said its recent clean-up drive has
resulted in the dismissal or suspension of 189 officials during the
past five months.
The action against the officials is an effort by
director-general Mavuso Msimang to turn the corruption-ridden
department around within 12 months.
Last month, after his first 100 days in office, Msimang
said his department “was sick, and continued to be sick”.
Media24 owns up to 'irregularities'
Africa's largest media company, Media24, has admitted to falsifying
the circulation figures of 12 of its 60 magazine titles.
"There have been irregularities in two our 12 magazine divisions,"
Media24 group managing director Hein Brand told reporters in
Johannesburg on Wednesday.
"I would have loved to tell you they were errors but they were
irregularities... this is an absolutely horrifying experience."
Hoax e-mails full of errors
was a probability that the hoax e-mails for which former spy boss
Billy Masetlha and his two co-accused are alleged to have
fabricated, were created by an amateur, the Pretoria Commercial
Crimes Court heard on Tuesday.
State witness Daniel Myburgh said, on his second day of testifying,
that the e-mails he was tasked with investigating, had technical
mistakes, like double brackets, which an expert would have spotted.
Former Scorpions boss Geoffrey Ledwaba
has refused to be represented by a lawyer from the Legal Aid Board.
He has appeared in the Pretoria Specialised Commercial Crimes Court
on charges of corruption, theft and fraud.
The fraud and corruption case against
former Lesedi FM presenter Thuso Motaung and his wife Mmamontha, has
been postponed in the Johannesburg Commercial Crimes Court to March
3 next year.
Pyramid queen Clifford due in PE court today, also charged in Bloem
EMBATTLED investment queen Maureen
Clifford will appear in the Port Elizabeth High Court today for the
next session in the marathon case against her and her failed
investment empire, Usapho Trust.
On Friday, Clifford appeared briefly
in the Port Elizabeth regional court on new charges of fraud linked
to a case involving R10-million in Bloemfontein.
Scorpions prosecuting advocate Johan
Roothman confirmed that Clifford had been arrested in East London on
Friday by the Scorpions and that she had been released on bail of
“These are completely separate charges
from those she is facing regarding the Usapho Trust, and she will
have to appear in Bloemfontein on November 19,” he said.