PORT ELIZABETH - PE BROKER, 69, HANDS HIMSELF OVER TO THE HAWKS AFTER COMMITTING R1.8 MILLION INSURANCE FRAUD

The Serious Commercial Crime Investigating team of Hawks in Port Elizabeth arrested Stephanus Johannes Janse Van Rensburg (69) for insurance fraud worth R 1,874 370.00 emanating from fifteen (15) payments.

Janse Van Rensburg, a financial adviser handed himself to the Hawks yesterday accompanied by his attorney and was arrested prior his appearance at the Specialized Commercial Crime Court, the same day.

It is alleged that Janse Van Rensburg defrauded the late Mrs Adendorff by luring her to sign up insurance policies and provided her with documents proving her ownership of the policies and also attesting that the policies were active and were registered in her name.

Upon Mrs Adendorff’s death in May 2015, her son Ralph Adendorff listed as a beneficiary, received a summary of investments dating back to between July 2008 and March 2015. When he submitted claims to the respective insurance companies, Old Mutual and Momentum confirmed that the policies were not registered in the name of the deceased although she had been in possession of documentary evidence.

The case against Janse Van Rensburg was opened in 2017 and at the time he was already incarcerated for one of the two similarly fraud convictions where he targeted elderly women. He had been sentenced to seven years imprisonment with an alternative fine on one case, to which he paid a fine. Meanwhile on another, he had been sentenced to ten years imprisonment, with five years suspended over a period of five years with stringent conditions. On the later matter Janse Van Rensburg had been released after he received a Presidential Pardon.

The case against Janse Van Rensburg was remanded to the 10 February 2021 for a formal bail application whilst he remains in custody.

via - SAPS