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Alleged serial car finance fraudster arrested while travelling to eSwatini

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In June 2017, Sabir fraudulently created false payslips under his company, Sabir Egalvally Investment CC and applied for vehicle finance at three car dealerships in Pretoria where he received “extravagant vehicles” including four Audi models, a Jeep Grand Cherokee, and a BMW MSport Grand Coupe but he failed to make the monthly repayments

Sabir was charged with fraud, and the case was postponed to Thursday for a formal bail application.

“It is alleged that Christiaan Frederick van Wyk created fraudulent payment transactions between 2012 and 2018 when he was working at a Melrose based company, PEG Holdings, as a secretary and financial manager,” said Mulamu at the time.

 

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