Couple jailed for R27m vehicle finance fraud

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A Western Cape couple has been jailed for a vehicle financing swindle that resulted in a loss of more than R27m to the banking industry.

They were sentenced alongside an accomplice, Mariette Cupido. Hawks spokesperson Zinzi Hani said Adele was the “mastermind” behind the scheme while Cupido, who worked for a car dealership in Malmesbury, facilitated the deals.

“The trio was involved in a vehicle-purchase scheme by applying for hire-purchase finance from banking institutions using fraudulent documents which were submitted via a dealership in Malmesbury,” said Hani. “During the operation, the investigating team recovered 10 vehicles at a farm in the Brits vicinity to which the Coetzees fled from the Western Cape.

Adele was found guilty on 71 charges of fraud and was handed a 15-year jail sentence. Six years were suspended for five years.

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I know about 5 Indians who are in this business but hey

This won't trend Let's move on

Name and shame these criminals wena msoon+

So when they're white it's 'swindle' not corruption/theft/fraud

The most corrupt people in SA are the whites

There only in jail because they are white.

Corruption doesn't have a color.

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