Woman who embezzled R537m from employer splashed R5m on gambling in one night, court hears

The Johannesburg Commercial Crimes Court heard on Monday that Hildegard Steenkamp spent most of the R537 million she embezzled from her employer on gambling and a lavish lifestyle,A witness told the court Steenkamp spent most of the money to fund a lavish lifestyle.A woman convicted of embezzling R537 million from her employer splashed out R5 million on gambling in one night, the Johannesburg Commercial Crimes Court sitting in Palm Ridge heard on Monday.

He is part of a team of investigators, including several chartered accountants, who were brought on board to investigate the case.Woman pleads guilty to stealing more than R500 million from employer According to Dowes' testimony, an analysis of bank statements showed the money was spent on maintaining a good life.

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