Start making sense of your financial wellness.

Watch the Sitholes every Thursday at 17h30 on e.tv

Two held for counterfeit money

Comment on this story


fake money

DAILY VOICE

Real bank notes, top, have a clear silver line on the side. Photo: Patrick Louw

Johannesburg - An accountant and a man believed to be a member of a syndicate dealing in counterfeit bank notes were arrested in Jabulani, Soweto, Gauteng police said on Tuesday.

Warrant Officer Kay Makhubela said police, acting on a tip-off, went to a house in Jabulani on Monday at 7pm and found the two allegedly printing R100 notes amounting to R100 000.

The notes were a mixture of new notes with former president Nelson Mandela's face, and old notes.

They were arrested and charged with fraud and possession of counterfeit money.

The accountant, a woman aged 29, and the 32-year-old man, were expected to appear in the Protea Magistrate's Court on Wednesday. More arrests were expected. - Sapa


sign up
 
 

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

     

Join us on

IOL-Social networks IOL-Social networks IOL-Social networks IOL-Social networks

Business Directory