GAUTENG – The Palm Ridge Specialised Commercial Crimes Court remanded an alleged fraudster, Wayne Anthony (42) in custody for allegedly defrauding an insurance company of approximately R20 million clients’ policy pay-out.
It is alleged that in August 2020, Anthony allegedly intercepted the Stanlib insurance company’s system and created fraudulent email under the Outsurance letterhead applying for a withdrawal of the R20 million on policy pay-out.
As a result, Stanlib allegedly processed the R20 million transaction into a business account belonging to a software company, Panase Projects based in Gqeberha in Eastern Cape. Through internal forensic investigation, Stanlib discovered that the application was fraudulent and immediately reported the matter to the authorities.
The case was transferred to the Hawks’ Serious Commercial Crime Investigation in Johannesburg for further investigation. The court issued a warrant of arrest for Anthony’s apprehension on the alleged fraud against him. The investigation team successfully effected an arrest on Tuesday, 26 October at the Pretoria Specialised Commercial Crimes Court when Anthony was attending to unrelated fraud charges against him.
Police subsequently charged Anthony with fraud and he appeared in court yesterday where he was remanded in custody pending investigation. He is positively linked to other fraud-related allegations in Gauteng and the Eastern Cape province.
The case was postponed to 02 November 2021 for a formal bail application.