A couple from Gauteng appeared before the Palm Ridge Specialised Commercial Crimes Unit for forging bank statements to get R53 million from the IDC.
The Hawks arrested a Gauteng-based couple for fabricating bank statements and defrauding the Industrial Development Corporation out of R53 million
They applied for funding for their small business in 2018 and, in the process, forged bank statements, which led to them getting over R50 million from the IDC However, an investigation by the Hawks resulted in the couple being arrested and appearing before the Palm Ridge Specialised Commercial Crimes Courtcurrent affairs journalist in Johannesburg, South Africa, covered police investigations and court cases at Daily Sun for over three years.
A couple stunned Mzansi when they forged bank statements to get millions from the IDC. Images: Peter Dazeley and Oliver Helbigfunding through their company, Bukabopa Holding Limited, and they had to pay R1 million from the company's finances to prove they were viable for the funding.got wind of the fraud after the IDC opened a case at the Sandton Police Station in 2020. The Hawks arrested the couple on Tuesday, and after appearing, they were released on R5000 bail.
Steenkamp was found guilty of 300 counts of fraud after she siphoned more than half a billion from her company's coffers and funded a lavish lifestyle.
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