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An initiative of KZN's White Collar Crime Task Group, the SAPS's KZN Commercial Crime Branch and J Blindell.


The incidence of crime in South Africa continues to assume epidemic proportions. While all crime gives rise to concern, it is particularly those crimes involving dishonesty which are really eating away at the very fabric of business and government ethics and which are threatening the foundations upon which our economic system is built.
Although the classification that we are discussing would include common theft, the area of particular concern is that which is commonly known as "white collar crime". This is a very broad category but in essence we are talking about fraud, bribery and corruption. We are concerned with those crimes of commission and omission which are both actual and intended. It is a fact, that in white collar crime, the potential rewards are greater, the risk of detection is lower, successful prosecution is more difficult and finally, in the main, the penalties are less severe. These are all sound "business" reasons for both local criminals and large international crime syndicates to put their efforts into this type of crime.

This internet site will try to help people understand and recognise white collar crime and teach them what to do to help put an end to it. It is a joint project between the South African Police Service's KwaZulu Natal Commercial Crime Branch, KwaZulu Natal's White Collar Crime Task Group and J Blindell. It will provide advice on various related topics, details of white collar crime criminals as well as providing details of the current "scams" used by fraudsters and publicise recent successes of the SAPS.



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Investment Scam
First rule of any investment : - If an investment sounds to good to be true - it probably is! Various peoples and or companies offer returns on capital investments that could never be matched by any bank or stock broker. They tell the investor that their money will either, be used to finance micro lending, buy some form of stock that they can acquire cheaply etc. At first the investor always receives his interest payments but he is always persuaded to leave his capital investment in tact and sometimes to even re-invest the interest he earned. This is when the investors funds are being "rolled" from one investor to another with the underlying determining factor being greed on the investors part as he agrees to reinvest and make even more money, he is in fact only assisting the criminal to catch other people in the investor net as news spreads of the easy money to be made. These scams are committed by intelligent, well organized people who are very convincing and know how to cover up their crimes to varying degrees. What to do when in doubt when approached by an agent to take part of an investment scam: Take down all details of the opposed investments and the agents particulars eg. Telephone numbers, addresses and car registration numbers. Phone the Financial Services Board on their Toll-free no. Tel : 0800110443 to check if the people you intent to invest with is registered with the board. Ask the agent objective questions and do not be blinded by GREED!. If your senses tell you that something is not right, report these people as soon as possible to the SAPS. If you are already a victim please do not be blinded by the suspect saying that if you go to the police you wont get anything, face facts - you wont get anything anyway, but you could assist in preventing any further illegal actions from the suspect. NB! Only registered people (F.S.B.) can trade shares/stocks/futures/derivatives on the stock exchange. If you purchase these stocks you need proof of purchase in the form of certificates.
Posted by admin on Saturday 16 July 2005 - 19:04:13 | Comments: 0 | email to someone | printer friendly |





Look Who Got Caught

Siphiwe Eugene Mcanyana of Umlazi

Modus Operandi:

Fraud - Skimming of credit cards. Used a skimming device to down load credit card information onto a computer and then writing the information to various credit cards. Actual loss R235 206.58 (Nedbank 10.64%, FNB 32.52%, ABSA 23.11%, Standard 33.74%).

Sentence in Durban Special Commercial Crimes Court:

  • to undergo periodical imprisonment for 2000 hours
  • 3 years imprisonment wholly suspended for 5 years with conditions
  • to pay compensation of R175 000.00
  • 2 years imprisonment wholly suspended for 5 years with conditions.

Ms Vanashree Pillay (35 years) of Amanzimtoti

Modus Operandi: Fraud and corruption by the accused when she was a clerk for the Ethekwini Municipality. She assisted a employee responsible for property evaluations to alter the evaluation of properties of certain ratepayers so that they received a reduction in their yearly rates. She received corruption payments of R34 000.00 from the ratepayers concerned. Actual fraud committed was R305 507.50.

Sentence in the Durban Commercial Court on 20 Nov 08: 3 years imprisonment suspended for 5 years plus 3 years correctional supervision and 16 hours community service each month.

Ms Rowida Ramnarayan (42 years) of Ladysmith

Modus Operandi: Fraud and corruption when she was a clerk for the Department of Health. She worked in the procurement section in the Emmaus Hospital. R14 810.00 was paid to the accused in corruption to facilitate procurement of medical supplies. 1 case of fraud, 9 of corruption and 9 of money laundering (via husband).

Sentence: Fined R40 000.00 or two years imprisonment of which half suspended for 3 years.

Ms Phumzile Eunice Ngiba (44 years) of Umlazi, Durban

Modus Operandi: Used false ID documents and false particulars when she used a credit card belonging to Durban furniture business to open accounts at various chain stores in the Durban area.

Outcome:  Convicted in the Durban Magistrates Court on 7 Mar 08 of 11 counts of fraud  occasioning an actual loss of R75000.00

Sentence: 10 Years imprisonment  without the option of a fine.

   
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