News Formal

Employee bust for ‘defrauding’ distribution company of R15m

  • 📰 SowetanLIVE
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

Malaysia News News

A 43-year-old Cape Town woman has been arrested for allegedly defrauding her employer of R15m.

The Western Cape police commercial crimes unit arrested the woman on fraud charges on Thursday.

Provincial police spokesperson Ndakhe Gwala said the suspect worked for a Cape Town-based distribution company.“She convinced clients to deposit company funds into her personal account. As a result, the company incurred a loss of R15m.”

 

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

Keep on employing foreigners it will end in tears.

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:

 /  🏆 13. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

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

Employee bust for ‘defrauding’ distribution company of R15mEmployee bust for ‘defrauding’ distribution company of R15m: A 43-year-old Cape Town woman has been arrested for allegedly defrauding her employer of R15m.
Source: SABreakingNews - 🏆 41. / 51 Read more »