MPUMALANGA – Company director arrested for fraud, theft and money laundering

MPUMALANGA – A 35-year-old company Director is expected to appear before the Nelspruit Magistrate’s Court today following her arrest by members of the Hawks Serious Commercial Crime Investigation on Thursday, 19 November 2020 for alleged tax evasion.

The sole Director of Madam and Eve General Trading has been charged in connection with fraud, theft and money laundering in contraventions of the Prevention of Organised Crime Act as well as the provisions of the Tax Administration Act.

The Hawks investigation has revealed that during April 2017, the arrested suspect fraudulently submitted false tax returns to the South African Revenue Services (SARS), culminating in SARS losing an amount of approximately R2.2-million. After she received the money, in a futile attempt to cover her tracks, she reportedly transferred it into different bank account.