ACCOUNTANT NABBED FOR TERS FRAUD: Media release below via South African Police Service - PRETORIA - A chartered accountant, Mark Jonathan Vorster (43) was yesterday, 21 July 2021 released by the East London Magistrates' Court on a R10 000 bail for fraud, theft and money laundering allegations.
Vorster allegedly made fraudulent
UIF claims for his company and other five companies to receive the Temporary Employer-Employee Relief Scheme (TERS) funds whereas the companies were fully operational.
He received more than R884 000 cash from the scheme and the owners of other companies were not aware of the claim.
Such discrepancies were discovered by the bank official who also managed to recover half of the money from the accused' bank account.
The Hawks team in Pretoria were informed and the investigation was conducted.
A warrant for his arrest was issued and well executed by the team.
A laptop and a cellphone were seized from the accused as part of an ongoing investigation.
The case was postponed to 29 July 2021 in the Pretoria Specialised Commercial Crime Court.