ACCUSED REMANDED IN CUSTODY FOR FRAUD
GAUTENG: The Johannesburg based Serious Commercial Crime Investigation team arrested Morwamakgale Abram Maheso (32) on a warrant for R 800 000 alleged fraud in respect to a case registered at Norwood police station in August 2020.
Maheso is said to have approached Liberty Group and Stanlib, on 16th April 2020. He applied for a business investment policy with Liberty, providing an ABSA bank account in order for R800 000 to be debited as an initiation to fund his Liberty business investment policy. However, during the verification process, it was discovered that the ABSA bank account did not belong to Mr. Maheso but to Ngwathe Local Municipality. He was arrested on Wednesday, 15 October 2024. He consequently appeared in the Palm Ridge Specialized Commercial Crimes Court on the same day.
The Hawks’ investigation has revealed that Mr. Maheso had fraudulently provided a bank account belonging to Ngwathe local Municipality in the Northern part of Free State, under the pretext that it was his own, with the intent to defraud the Municipality by using Liberty to debit the funds so he can later claim them from Liberty.
The Court has postponed the case to Tuesday, 22 October 2024 for legal aid.
