Gauteng businessman arrested for alleged R186m investment scam

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Petersen allegedly created and forged tender documents to lure his business partners to invest in his company, Blue Future Internet and Surveillance.

A 43-year-old Gauteng businessman is facing charges of fraud, theft, forgery, and uttering involving an alleged tender investment scam worth about R186m.

“ALCARI 805cc and 605 Consulting were allegedly presented with fraudulent invoices by Petersen allegedly for funding to purchase equipment orders for hardware and internet surveillance as per National Health Laboratories Services requirement in 2016,” said a statement by police spokesperson Captain Ndivhuwo Mulamu.

 

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Dude was talking big numbers

How do you scam your own business partners?

Don't think many can actually exist without some thieving

This storybdoesnt make sense at all! If he forged NHLS docs to defraud his friends, why did NHLS also lose so much money when all their info can be accessed electronically and traced back to the resolution to award the 'tender'? Theres more to this.... Mxm

Well that worked out well for him then. Hopefully his investors learnt not to trust BBBEE cronies.

My dawg

And that is how you get rich

Good.

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