Financial crimes

Finance Manager, 56, who stole R16 million sentenced to 12 years

by

Former Finance and Administration Manager of AgriCAD, Lizette Steyn, has been sentenced to 12 years for stealing over R16 million. The Pretoria Specialised Commercial Crimes Court sentenced the 56-year-old on Friday, 5 April. FINANCE MANAGER SENTENCED FOR THEFT According to the National Prosecuting Authority (NPA), Lizette Steyn faced 85 counts of theft. Steyn was employed … Read more

Pair convicted in sophisticated $3 million iPhone fraud

by

A scam that defrauded Apple out of millions of dollars’ worth of iPhones has led to the convictions of two of the perpetrators, with each facing up to 20 years in jail. Haotian Sun, 33, and Pengfei Xue, 33, both Chinese nationals, were found guilty by a federal jury on Tuesday for participating in what … Read more