WESTERN CAPE – The Serious Commercial Crime Investigation of the Hawks is searching for Gerhard Niewoudt Olivier (34) for alleged fraud.
Olivier is alleged to have siphoned almost R18.4 million from unsuspecting victims in a farm investment scheme as far back as 2010. He allegedly swindled various potential investors to purchase farm equipment and feed in return for a fee.
Instead of utilizing the money properly towards the intended purchase he allegedly disappeared with the money. Investigations revealed that approximately R600 000 was allegedly deposited into his personal account and this amount was withdrawn from this account on the 1st of April 2010.
He is also accused of deceiving members of a farming co-operation by falsely representing himself as a wealthy farm owner and promising to provide them with farming resources. His so called farms were valuated and he was granted a loan but never delivered on his promises.
The Malmesbury Magistrate’s court has issued a warrant of arrest for Olivier’s arrest on the 6th of June 2019 after he failed to appear in court. It is believed that he currently in Johannesburg.
Any person with information which may lead to his arrest is urged to contact the Investigating Officers, Colonel Schiltz on 082 471 6756 or Warrant Officer Wynand Olivier on 071 481 3326.