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Employee bust for ‘defrauding’ distribution company of R15m

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Belgique Nouvelles Nouvelles

A 43-year-old Cape Town woman has been arrested for allegedly defrauding her employer of R15m.

The Western Cape police commercial crimes unit arrested the woman on fraud charges on Thursday.

Provincial police spokesperson Ndakhe Gwala said the suspect worked for a Cape Town-based distribution company.“She convinced clients to deposit company funds into her personal account. As a result, the company incurred a loss of R15m.”

 

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