Fake document vehicle finance spree parks fraudster behind bars

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Arthur Moyo used counterfeit bank statements, salary payslips and ID documents bearing his photo to scam banks out of R1.6m in vehicle finance.

Using counterfeit documents, he went to Klerksdorp Motor Smart on November 17 2016 to apply for vehicle finance. After the application was approved, he collected the vehicle, said Hawks spokesperson Capt Dineo Sekgotodi.

He was found guilty and sentenced on Friday by the eMalahleni regional court to 23 years' imprisonment, but the court ruled he serve an effective 15 years behind bars.

 

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