Gauteng lawyer must pay clients R1.4m stolen by scammer in property sale | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 80%

Business News News

Business Business Latest News,Business Business Headlines

Attorney Gavin Hartog believed he was transferring the money into his client’s account, but he was unwittingly paying it into the Standard Bank account of a fraudster who had intercepted his email correspondence. | GroundUp_News

A Gauteng attorney has been found liable to pay his clients R1.4 million after he transferred their money to a fraudster’s account.

Hartog appealed this. But Judge Rean Strydom, with Judge Majake Mabesele and acting Judge Johannes Strijdom concurring, said Hartog had initiated correspondence with the clients via email and they had responded using the"same means". "The fraudster must have become aware of an imminent transfer of a substantial amount of money … further he must have obtained the email addresses of Patrick and Hartog," the judge said.

It was Hartog who had invited his clients to send instructions and bank details. This invitation was done by email and there was a response to this email using the same means, said Judge Strydom.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

GroundUp_News Well then what's the point of fica if the bank doesn't link an account name to the account number?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tongaat Hulett CEO Gavin Hudson resigns, business rescue plan is delayed | BusinessThe release of a business rescue plan for embattled sugar producer Tongaat Hulett has been pushed by a month until the end of February, when CEO Gavin Hudson will also leave the firm after just over four years in the job. | News24_Business _Business Easy solution ask young Johan Rupert to help
Source: News24 - 🏆 4. / 80 Read more »