Personal Assistant sentenced For fraud Worth R 11.5 million

News South Africa

Tebogo Msimanga |

The East London Regional Court on Thursday, 24 June 2021 sentenced Magaretha Voogt (45) to 15 years in prison for charges of Road Accident Fund (RAF) fraud and money laundering.

It is reported that Voogt, a personal assistant of the auditing firm Moore Stephen’s, orchestrated fraudulent claims from the investment company PSG in the year 2017. The funds were put on the investment company in respect of eleven (11) RAF pay-outs for accident victims.

Eastern Cape Hawks Spokesperson Yolisa Mgolodela said the Hawks investigation revealed that Voogt submitted fraudulent claims purporting that the claims were from the rightful beneficiaries. “The investment company  PSG deposited approximately R11.5 million claims directly into her personal  bank  account following the approval by the Makhanda High Court.”

Mgolodela said Moore Stephen’s received complaints from the beneficiaries and reported the matter to the Hawks in East London for investigation which resulted in her arrest in 2019. Voogt was subsequently released on R10 000 bail.

Leave a Reply

Your email address will not be published.