Durban - Fourteen people allegedly involved in vehicle finance fraud amounting to R15 million are due to appear in the Durban Magistrate's Court on Tuesday. an intensive investigation in the last year led to the arrest of the group of people aged between 24 and 59. 2017 and 2018, about 20 cases of motor finance applications detected as fraudulent and were validated and approved by a bank employee.
"The instalments were not made to the bank and some of the vehicles were sold without the consent of the bank. Mbele said The Provincial Commercial Crime Investigation Unit under the command of Colonel Makhosazane Ntuli took over the investigation.
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Source: TheCitizen_News - 🏆 6. / 75 Read more »
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