November 28, 2021

HEITA FM

"We say it like it is"

ALLEGED FRAUDSTER REMANDED IN CUSTODY FOR R1,4 MILLION FINANCE FRAUD

1 min read

The Pretoria Specialised Commercial Crimes Court remanded an alleged fraudster, Ali Ahmed Sabir aged 45 in custody yesterday the 25th of October for defrauding car dealerships over R1,4 million.

It is alleged that in June 2017, Sabir fraudulently created false payslips under his company name, Sabir Egalvally Investment CC when applying for vehicle finance at three car dealerships in Pretoria. The vehicles that were issued by Sabir were four Audi models, Jeep Grand Cherokee, and a BMW MSport Grand Couple, but he failed to make monthly repayments.

The Hawks’ Serious Corruption Crime Investigation Team in Pretoria apprehended Sabir on Sunday, 24th of October 2021 at the Swaziland border post while he was traveling out of the country.

Sabir was charged with fraud and the case is postponed to Thursday, the 28th of October 2021 for formal bail application.

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | Powered by Hero Networks24 Inc..