South Africa: FNB consultant accused of stealing R37 million from a deceased client's account purchased expensive cars and donated money to the church.

 

The Hawks in Limpopo have arrested a FNB consultant who allegedly diverted R36.9 million from his deceased client's account into his own.

"It is alleged that on April 25, the suspect, who was a FNB consultant at Makhado branch, opened the profile of the client who had recently perished in a vehicle accident the day before without any authorization," Hawks spokeswoman Capt Matimba Maluleke said.

The suspect is also accused of conspiring with his accomplice to form a new bank account and link it to the deceased's account, then spending all of the money from the deceased's account."

According to Maluleke, the bank detected the fraudulent activities, filed a theft report, and canceled the account.

"When the bank managers questioned the suspect about the situation, he reportedly handed in his resignation letter with immediate effect." "It was determined throughout the inquiry that some of the stolen money was utilized to buy costly cars and give to a certain church," Maluleke said.

On Monday, the suspect is scheduled to appear at the Makhado magistrate's court.

Source: Timeslive