ABSA former employees to appear for allegations of fraud

EASTERN CAPE – Two suspects aged 28 and 29 will appear in the Gqeberha Specialised Commercial Crimes Court on 28 July 2022. This is subsequent to the arrest of the duo by the Gqeberha based Serious Commercial Crime Investigation team of the Hawks for allegations of numerous counts of fraud, theft, money laundering and contravention of the Prevention of Organised Crime Act.

The complainant from Absa bank alleged that between 14 November 2019 and 30 June 2021, two of the bank employees transferred an amount of more R1 million fraudulently from various clients’ bank accounts into dormant bank accounts. The duo allegedly issued bank cards on the dormant accounts and withdrew the fraudulently transferred funds from various ATMs in Hankey and the surrounding areas. The bank clients complained to the bank about missing funds in their accounts.

The bank then reported the matter to the Hawks for probing hence their arrest on 27 July 2022.

Source: South African Police Service