Former bank employee implicated in vehicle-finance scam | The Mercury

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Former bank employee implicated in vehicle-finance scam TheMercurySA

DURBAN - In the scam, unemployed people made fraudulent applications to the bank for vehicle finance.

Last week, The Mercury’s sister newspaper, Post, reported that 11 people linked to the scam were arrested and had their assets seized. It is alleged that the fraudulent applications were vetted by the bank employee, who has since been fired from her job. It has been alleged that once the victims received their bank card, they would hand it over to the kingpin. Some of these victims included people picked up off the street.

 

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