Nine-year jail term for KZN woman who defrauded two companies of R16m to pay gambling debt | News24

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Cindy Saunders, 37, has been jailed after she was found guilty of defrauding two companies of around R16 million to pay off her gambling debt. | nickymccain

A woman was sentenced to an effective nine years in prison after she pleaded guilty to 45 counts of fraud in the Durban Specialised Commercial Crimes Court.A woman with a gambling addiction has been sentenced to an effective nine years in prison for fraud.She said she defrauded the companies to pay off her gambling debt.

The Durban Specialised Commercial Crimes Court sentenced Cindy Saunders, 37, to an effective nine years in prison after she pleaded guilty to 45 counts of fraud. She enlisted the help of her co-accused, Terrance Gonasekharan Raju, and his companies, South Continent Logistics and Troy Trans, National Prosecuting Authority spokesperson Natasha Ramkisson-Kara said.

"She and her co-accused also defrauded [the second company] by telling them that she needed a business partner to assist with financing the purchase of shipping containers from South Continent, promising them profits when the containers were sold," Ramkisson-Kara said.She admitted to doing this with full knowledge that [the company] would not be paid back the money.

 

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nickymccain If all others in higher stages would get the same 😉

nickymccain Throw the keys away . Bloody thief

nickymccain Leadership that one!

nickymccain Life Sentara would have been appropriate

nickymccain Good. Throw away the key.

nickymccain Here's her picture. I can see that 'you don't have it', bloody racists

nickymccain They can investigate & bring this woman down for R16 Million, yet the 'missing' R500B from Covid-19 hasnt been solved or justice to tax paying SouthAfrican citizens. Pathetic

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