NORTH WEST – Attorney sentenced to ten years imprisonment for theft of trust funds of approximately R4 Million

NORTH WEST – Isak Snyman (46) was sentenced on Tuesday, 08 December 2020 before the Specialised Commercial Crimes Court in Pretoria for theft of trust funds.

The accused, who is an attorney, was hired in 2010 in Brits to purchase and register properties on behalf of the clients. Approximately R4 million was deposited into his trust account thereafter. Instead of purchasing the properties, the accused misappropriated the funds.

The matter was reported to the Hawks’ Serious Commercial Crime Investigation and thorough investigations were conducted resulting in the suspect being summoned to court.

Snyman pleaded guilty and he was sentenced to 10 years wholly suspended for a period of  5 years on condition that he repay the funds back in R50 000 monthly instalments until the balance is paid in full.