Site icon Accidents.co.za | Discussion, Prevention, Investigation and Response

Pension fund tracing scam accused to appear in court

KWAZULU-NATAL – A 72-year-old Nana Mthembu is expected to appear in the Dundee Magistrate’s Court on Wednesday, 28 October 2020 for alleged fraud amounting to R10 million.

Mthembu was arrested by the Serious Commercial Crime Investigation on Tuesday, 27 October 2020. She is one of the employees of Tovasize/Donafin pension fund tracing company that is situated in Vryheid. The accused allegedly lured the victims to provide cash and open files in order to receive unclaimed surplus pension funds from government departments and ex employers.

The Hawks investigation revealed that none of the victims received any pension fund, as a result, the accused defrauded the victims. In February 2019 the company owner, Sean Westcott, was arrested for fraud and the company was ordered to stop their operation.

She is expected to appear along with her co-accused, Westcott who is out on bail, at court today, 28 October 2020.

Exit mobile version