Fraudster sentenced for money laundering

News South Africa

Tebogo Msimanga |

A 40-year-old Cynthia Zanele Maluleka who is amongst the eight accused who were arrested for contravening the Tax Administration Act, was convicted and sentenced by the Nelspruit Specialised Commercial Crimes Court. She was charged with fraud, theft alternatively contravening the Tax Administration Act and money laundering.

Mpumalanga Hawks spokesperson Dineo Sekgotodi said the sentence followed a lengthy investigation by the Nelspruit-based Hawks’ Serious Commercial Crime Investigation. “The accused was arrested for money laundering as she benefitted R50 000 from the total potential loss of R950 090.07 from the South African Revenue Service (SARS)”.

She was ordered to pay R20 000.00 fine or three years imprisonment of which half, R10 000.00 or 18 months imprisonment on condition that the accused pay back the amount of R 50 000 to SARS. The case against the remaining accused is postponed to 30 January 2023 for a plea.

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