The FAFT grey list verdict is expected on Friday, with experts saying South Africa has fulfilled all required reforms and could finally be removed from the list after nearly two years under global financial scrutiny.
Nicole Johnson’s R5m Sea Point apartment purchase exposed systemic failures in South Africa’s anti-money laundering laws — here’s how she did it.
Cape Town police arrested a foreign national in Table View after discovering over R1 million in cash and several bank cards, prompting charges of theft and cybercrime.
Malawi’s court ruled in favour of extraditing Shepherd and Mary Bushiri to South Africa, but the couple has appealed the decision to avoid standing trial.
The court proceedings were brief, with the accused’s legal representative confirming that she intends to apply for bail at her next appearance.
The woman, a web designer, was detained on Thursday after police reportedly found 10 million images of child pornography in her possession.
In deciding whether to grant bail, the court will determine if the release of Wanda and Sindiswa Mbele serves the interest of justice.
A former Nedbank employee and 13 co-accused face Palm Ridge court today over R157 million fraud and money laundering allegations.
Diamond dealer Louis Liebenberg, accused of masterminding a R4 billion diamond scam, has abandoned his bail application.
Louis Liebenberg and his wife Dezzi were arrested on Tuesday night in connection with a massive R4 billion diamond investment scam.
According to court documents, Maria Coetzee transferred over N$2.8 million from the school’s bank account into three accounts under her name.
Today’s auction, while a spectacle of wealth and power, was a poignant cautionary tale of how quickly fortunes can turn when built on unethical foundations.
Fidelis Moema, a 32-year-old bursary specialist, is in custody facing charges related to a R16m fraud against KPMG.
Carol Ann Avent allegedly roped her family in a money laundering scam that cost her former employer, Transco CC. R11.5 million in losses.
A former HR manager from a Super Spar in Gqeberha is accused of defrauding the company of over R592 000 using ghost workers.
The wife of an alleged fraudster was apprehended in Fourways, implicated in a cryptocurrency scheme that defrauded an investor of a substantial sum.
FTX’s Sam Bankman-Fried found guilty; a steep fall for the crypto tycoon.
The suspects face 220 counts of theft, UIF fraud and money laundering while an eighth suspect is still being sought.
Zimbabwe’s government says it takes the allegations “very seriously” and will investigate the matter thoroughly.
Andy Dietderich, an attorney for FTX, has revealed that more than $5 billion of assets have now been located.
Colonel Katlego Mogale, Hawks spokesperson, in a statement, said project ‘Gillette’ resulted in six suspects being arrested on Tuesday.
Iqbal Sharma’s properties in Sandton could be handed to the State if the court rules against him, on Friday.
Nelson Mandela Bay’s public health directorate has been thrust into a money laundering scam that cost the municipality R26 million.
Baxolile Ngoloyi pleaded guilty to defrauding the Eastern Cape’s Dept of Health of more than R350 000.
On Instagram, he was the lavish lifestyle extraordinaire. In reality, Hushpuppi is allegedly part of a notorious North Korean hacker ring that has stolen billions of dollars.
Shepherd Bushiri and his wife will hear the verdict on their application to have their arrest deemed constitutionally unlawful, on Monday, 14 December, at a Lilongwe high court.
As promised, the Hawks have arrested four former state officials from Gauteng’s Health Dept. on tender fraud charges.
The couple allegedly tried to siphon money from their business, axing out a third partner. This was their downfall.