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Cape Town - The R10 000 bail granted to a church pastor facing multiple counts of fraud was extended by the Bellville Specialised Commercial Crime Court, in Cape Town, on Wednesday.
Cyril John Jacobs, 41, was warned him to be back in court on October 17.
Jacobs is alleged to have illegally run an unregistered real estate agency, and to have kept for himself deposits paid for promised home-ownership.
He was a pastor attached to the Harvest Time Ministries.
He was not asked to plead to 21 counts of fraud, and one of money-laundering when he appeared before magistrate Sabrina
Sonnenberg on Wednesday.
At Wednesday’s proceedings, prosecutor Juan Agulhas undertook to furnish defence attorney M Walters with details of the charges at the next hearing,
The charge sheet alleges that Jacobs operated the business, Bethesda Real Estate, but failed to register it with the Registrar of Companies.
Agulhas alleges that he assured people in need of housing that Bethesda could assist them in raising deposits that it would ensure home-ownership for them.
It is alleged that he and a Bethesda employee actively engaged and promoted the unregistered business, by word of mouth and newspaper advertisements.
Victims were required to apply for personal loans to obtain the required deposits, and to then pay the deposits to Jacobs.
Deposits were paid, but no receipts were issued to the victims, it is alleged.
According to the charge sheet, the victims became suspicious when it became increasingly difficult to contact Jacobs, who could not be reached via his cellphone and could not be found at his business premises or residence.
It is alleged that Jacobs illegally accepted deposits for housing, and kept the money for himself, between June 2009 and September 2011.
The charge sheet does not indicate the total amount involved, but the deposits paid range from R4 000 to R250 000.