Forensics
Case studies
International company victim of fraud and theft
Recently one of the firm's large international clients was victim to an internal fraud and theft by one of its employees. An urgent ex parte application was brought to freeze the perpetrator's assets. This ensured that approximately ZAR900 000 of the embezzled ZAR2.7 million was ring fenced. Civil recovery has been instituted to ensure that the frozen ZAR900 000 is repaid to the client, thereby reducing its loss.
The perpetrator was arrested and we are assisting the client in co-operating with the investigating and prosecuting authorities, to ensure that the perpetrator is dealt with appropriately in terms of our criminal justice system.
Sporting body defrauded by financial director
One of the sporting bodies of South Africa was the subject of an internal fraud/embezzlement by its (then) financial director. An urgent ex parte in camera application was brought to freeze all the movable and immovable assets of the perpetrator and his wife, as they were married in community of property.
At the same time, we brought an application for civil relief to ensure that those assets could be realised to repay our client the loss it had sustained. Judgment was obtained against the accused for approximately ZAR3 million.
The accused was arrested and we assisted the client by collaborating with the investigating and prosecuting authority to ensure a successful prosecution. The accused was eventually found guilty and sentenced to imprisonment.
