Former Capitec Bank employee facing fraud charges over R 200K released on bail
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A case against former Capitec Bank teller has been postponed to June 21, 2022 pending further investigations.
The 28 years old Lifa Nxumalo is facing charges of fraud, Theft and contravention of the Prevention of Organised Crime Act no. 121 of 1998 (POCA).
Police Spokesperson Lieutenant Colonel Philani NKwalase alleged that over the period between November 2017 and April 2018, Nxumalo whilst working as a bank teller, allegedly colluded with two bank clients and overlooked essential supporting documents on their personal loan applications.
“He allegedly processed two applications with fraudulent documentations wherein two transactions of R130 521-05 and R100 000-00 were paid into the applicants’ banking details. A portion of the respective amounts was allegedly transferred to his personal account with another bank.”
NKwalase added that shortly after the discovery of the said criminal act, Nxumalo was reported to the police.
The Hawks Serious Commercial Crime Investigation took the matter over for a further probe.
Nxumalo was arrested in Middelburg on Sunday, 05 June 2022 by the Hawks team based in Nelspruit and he was released on R1500-00 bail shortly after his first court appearance on Monday.
