PORT ELIZABETH - HAWKS BRING PE FRAUDSTER TO JUSTICE AFTER STEALING OVER R2 MILLION FROM SHOPFITTING COMPANY

Jaco Scheepers (43), a former Financial Manager for Shopfit National, a member of the Shopfit Group which specializes in bulk manufacturing and rollout of shop fitting and retail concepts, appeared in the Port Elizabeth Specialised Commercial Crimes Court on Wednesday for sentencing.

Scheepers pleaded guilty on numerous counts of fraud exceeding R2 million and was sentenced to a twelve (12) years direct imprisonment.

The Hawks Serious Commercial Crime Investigation team probe proved that Scheepers created fictitious supplier invoices between March 2017 and April 2019 and directed the money to his personal bank account. 

A total of 32 electronic fund transfers were made, defrauding his employer of approximately R2 038 584-00 

The Acting Provincial Head of the Directorate for Priority Crime Investigation in the Eastern Cape, Brigadier Bongani Maqashalala applauded both the investigating and the prosecution teams for securing the sentence.

“We believe that this sentence will send a very strong message to white collar criminals that crime does not pay and hopefully the sentence will serve as a deterrent to others,” said Brigadier Maqashalala.

via - SAPS