Case against man who defrauded employer R 9million postponed
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A case against 57 years old alleged fraudster has been postponed to May 3rd.
NPA Spokesperson Henry Mamothame said Reginald Scholtz is facing 61 charges of theft amounting to R 9,1 million for allegedly defrauding his former employer Botselo Mills (Pty) Ltd for almost six years.
According to the Hawks investigations, Scholtz held three bank accounts from three banking institutions from January 2017 to August 2022 where he would fraudulently transfer money into these accounts under the pretence of paying service providers, as he had authority to access the company’s banking systems.
“He allegedly created forms requiring authorisation and approval for the release of funds to be paid by the company to service providers. His fraudulent ways of manipulating the company’s financial system would eventually result in payments into his personal accounts” said Mamothame.
He was arrested by Provincial Commercial Crimes Unit on 12 March 2023.
His case was postponed for submission of related documents to the defence and to be transferred to Special Commercial Crimes Court following an appearance at Delareyville Magistrates’ Court.
