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Pair in dock for masterminding R4.8m bank fraud

Crime & Courts
Johannesburg – Two men, suspected of being behind a R4.8 million bank scam, have appeared briefly at the Johannesburg Specialised Commercial Crimes Court, the Directorate for Priority Crime Investigation (Hawks) said on Tuesday.

The Hawks said on Friday its Serious Commercial Crime unit arrested Ashly Chetty, 27, and Asheer Jaggerssar, 31, for running a bank scam.

"They allegedly defrauded and withdrew R99 from unsuspecting bank clients’ accounts between 2014 and 2016 using a company Riskfin and Carebox which is not registered with Companies Intellectual Properties Commission (CIPC)," said Captain Ndivhuwo Mulamu.

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File picture: Independent Media

Chetty and Jaggerssar, who are facing charges of fraud, theft, and contravention of Financial Intelligence service Act, were granted bail of R1 000 each when they appeared in court on Monday.

Their case was postponed to 20 June 2017 for further investigation.

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