www.moonstone.co.za Open in urlscan Pro
196.44.34.88 Public Scan

Back to summary

Submitted URL:
https://t.e2ma.net/click/un3alz/uzgl7we/e77aqyh
Effective URL:
https://www.moonstone.co.za/former-fnb-employee-sentenced-to-prison-for-r6-4m-fraud/
Submission: On August 16 via api (August 16th 2024, 6:19:01 am UTC) from ZA — Scanned from DE

Form analysis
4 forms found in the DOM

POST https://www.moonstone.co.za/wp-comments-post.php

<form action="https://www.moonstone.co.za/wp-comments-post.php" method="post" id="commentform" class="comment-form" novalidate="">
  <p class="comment-notes"><span id="email-notes">Your email address will not be published.</span> <span class="required-field-message">Required fields are marked <span class="required">*</span></span></p>
  <p class="comment-form-comment"><label for="comment">Comment <span class="required">*</span></label> <textarea id="comment" name="comment" cols="45" rows="8" maxlength="65525" required=""></textarea></p>
  <p class="comment-form-author"><label for="author">Name <span class="required">*</span></label> <input id="author" name="author" type="text" value="" size="30" maxlength="245" autocomplete="name" required=""></p>
  <p class="comment-form-email"><label for="email">Email <span class="required">*</span></label> <input id="email" name="email" type="email" value="" size="30" maxlength="100" aria-describedby="email-notes" autocomplete="email" required=""></p>
  <p class="comment-form-url"><label for="url">Website</label> <input id="url" name="url" type="url" value="" size="30" maxlength="200" autocomplete="url"></p>
  <p class="comment-form-cookies-consent"><input id="wp-comment-cookies-consent" name="wp-comment-cookies-consent" type="checkbox" value="yes"> <label for="wp-comment-cookies-consent">Save my name, email, and website in this browser for the next time
      I comment.</label></p>
  <div class="g-recaptcha" data-sitekey="6Lce32QUAAAAAOaL-4VPjFoDGPdb3oNes5MVkA9Y">
    <div style="width: 304px; height: 78px;">
      <div><iframe title="reCAPTCHA" width="304" height="78" role="presentation" name="a-4jjaiu36glj0" frameborder="0" scrolling="no"
          sandbox="allow-forms allow-popups allow-same-origin allow-scripts allow-top-navigation allow-modals allow-popups-to-escape-sandbox allow-storage-access-by-user-activation"
          src="https://www.google.com/recaptcha/api2/anchor?ar=1&amp;k=6Lce32QUAAAAAOaL-4VPjFoDGPdb3oNes5MVkA9Y&amp;co=aHR0cHM6Ly93d3cubW9vbnN0b25lLmNvLnphOjQ0Mw..&amp;hl=de&amp;v=hfUfsXWZFeg83qqxrK27GB8P&amp;size=normal&amp;cb=va1eucv2vgr"></iframe>
      </div><textarea id="g-recaptcha-response" name="g-recaptcha-response" class="g-recaptcha-response"
        style="width: 250px; height: 40px; border: 1px solid rgb(193, 193, 193); margin: 10px 25px; padding: 0px; resize: none; display: none;"></textarea>
    </div>
  </div>
  <p class="form-submit"><input name="submit" type="submit" id="submit" class="submit" value="Post Comment"> <input type="hidden" name="comment_post_ID" value="52998" id="comment_post_ID">
    <input type="hidden" name="comment_parent" id="comment_parent" value="0">
  </p>
  <p style="display: none;"><input type="hidden" id="akismet_comment_nonce" name="akismet_comment_nonce" value="455bd90951"></p>
  <p style="display: none !important;" class="akismet-fields-container" data-prefix="ak_"><label>Δ<textarea name="ak_hp_textarea" cols="45" rows="8" maxlength="100"></textarea></label><input type="hidden" id="ak_js_1" name="ak_js"
      value="1723789138018">
    <script type="text/javascript">
      document.getElementById("ak_js_1").setAttribute("value", (new Date()).getTime());
    </script>
  </p>
</form>

GET https://www.moonstone.co.za/

<form role="search" method="get" class="search-form" action="https://www.moonstone.co.za/">
  <label>
    <span class="screen-reader-text">Search for:</span>
    <input type="search" class="search-field" placeholder="Search …" value="" name="s">
  </label>
  <input type="submit" class="search-submit" value="Search">
</form>

POST /former-fnb-employee-sentenced-to-prison-for-r6-4m-fraud/#gf_2

<form method="post" enctype="multipart/form-data" target="gform_ajax_frame_2" id="gform_2" action="/former-fnb-employee-sentenced-to-prison-for-r6-4m-fraud/#gf_2" data-formid="2" novalidate="">
  <div class="gf_invisible ginput_recaptchav3" data-sitekey="6LffZxEqAAAAAJ_VAf9B5Kd5oC-ygwqDRBozyRj4" data-tabindex="50"><input id="input_cc11c322318a94a96128ff941f634386" class="gfield_recaptcha_response" type="hidden"
      name="input_cc11c322318a94a96128ff941f634386" value=""></div>
  <div class="gform-body gform_body">
    <div id="gform_fields_2" class="gform_fields top_label form_sublabel_below description_below validation_below">
      <div id="field_2_1" class="gfield gfield--type-text gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_2_1"><label
          class="gfield_label gform-field-label" for="input_2_1">First Name<span class="gfield_required"><span class="gfield_required gfield_required_text">(Required)</span></span></label>
        <div class="ginput_container ginput_container_text"><input name="input_1" id="input_2_1" type="text" value="" class="large" tabindex="51" placeholder="First Name" aria-required="true" aria-invalid="false"> </div>
      </div>
      <div id="field_2_2" class="gfield gfield--type-text gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_2_2"><label
          class="gfield_label gform-field-label" for="input_2_2">Last Name<span class="gfield_required"><span class="gfield_required gfield_required_text">(Required)</span></span></label>
        <div class="ginput_container ginput_container_text"><input name="input_2" id="input_2_2" type="text" value="" class="large" tabindex="52" placeholder="Last Name" aria-required="true" aria-invalid="false"> </div>
      </div>
      <div id="field_2_7" class="gfield gfield--type-email gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_2_7"><label
          class="gfield_label gform-field-label" for="input_2_7">Email<span class="gfield_required"><span class="gfield_required gfield_required_text">(Required)</span></span></label>
        <div class="ginput_container ginput_container_email">
          <input name="input_7" id="input_2_7" type="email" value="" class="large" tabindex="53" placeholder="Email" aria-required="true" aria-invalid="false">
        </div>
      </div>
      <div id="field_2_4" class="gfield gfield--type-text gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_2_4"><label
          class="gfield_label gform-field-label" for="input_2_4">Landline<span class="gfield_required"><span class="gfield_required gfield_required_text">(Required)</span></span></label>
        <div class="ginput_container ginput_container_text"><input name="input_4" id="input_2_4" type="text" value="" class="large" tabindex="54" placeholder="Landline" aria-required="true" aria-invalid="false"> </div>
      </div>
      <div id="field_2_5" class="gfield gfield--type-text gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_2_5"><label
          class="gfield_label gform-field-label" for="input_2_5">Cellphone<span class="gfield_required"><span class="gfield_required gfield_required_text">(Required)</span></span></label>
        <div class="ginput_container ginput_container_text"><input name="input_5" id="input_2_5" type="text" value="" class="large" tabindex="55" placeholder="Cellphone" aria-required="true" aria-invalid="false"> </div>
      </div>
      <div id="field_2_6" class="gfield gfield--type-text gfield_contains_required field_sublabel_below gfield--no-description field_description_below hidden_label field_validation_below gfield_visibility_visible" data-js-reload="field_2_6"><label
          class="gfield_label gform-field-label" for="input_2_6">FSP Number / Company Name<span class="gfield_required"><span class="gfield_required gfield_required_text">(Required)</span></span></label>
        <div class="ginput_container ginput_container_text"><input name="input_6" id="input_2_6" type="text" value="" class="large" tabindex="56" placeholder="FSP Number / Company Name" aria-required="true" aria-invalid="false"> </div>
      </div>
      <div id="field_2_8" class="gfield gfield--type-honeypot gform_validation_container field_sublabel_below gfield--has-description field_description_below field_validation_below gfield_visibility_visible" data-js-reload="field_2_8"><label
          class="gfield_label gform-field-label" for="input_2_8">Name</label>
        <div class="ginput_container"><input name="input_8" id="input_2_8" type="text" value="" autocomplete="new-password"></div>
        <div class="gfield_description" id="gfield_description_2_8">This field is for validation purposes and should be left unchanged.</div>
      </div>
    </div>
  </div>
  <div class="gform_footer top_label"> <input type="submit" id="gform_submit_button_2" class="gform_button button" value="Submit" tabindex="57"
      onclick="if(window[&quot;gf_submitting_2&quot;]){return false;}  if( !jQuery(&quot;#gform_2&quot;)[0].checkValidity || jQuery(&quot;#gform_2&quot;)[0].checkValidity()){window[&quot;gf_submitting_2&quot;]=true;}  "
      onkeypress="if( event.keyCode == 13 ){ if(window[&quot;gf_submitting_2&quot;]){return false;} if( !jQuery(&quot;#gform_2&quot;)[0].checkValidity || jQuery(&quot;#gform_2&quot;)[0].checkValidity()){window[&quot;gf_submitting_2&quot;]=true;}  jQuery(&quot;#gform_2&quot;).trigger(&quot;submit&quot;,[true]); }">
    <input type="hidden" name="gform_ajax" value="form_id=2&amp;title=&amp;description=&amp;tabindex=50&amp;theme=gravity-theme">
    <input type="hidden" class="gform_hidden" name="is_submit_2" value="1">
    <input type="hidden" class="gform_hidden" name="gform_submit" value="2">
    <input type="hidden" class="gform_hidden" name="gform_unique_id" value="">
    <input type="hidden" class="gform_hidden" name="state_2" value="WyJbXSIsIjBiZTFlZTZkYzk0MDEyZTY0YjM4ODMzNGM5NTYyNGEzIl0=">
    <input type="hidden" class="gform_hidden" name="gform_target_page_number_2" id="gform_target_page_number_2" value="0">
    <input type="hidden" class="gform_hidden" name="gform_source_page_number_2" id="gform_source_page_number_2" value="1">
    <input type="hidden" name="gform_field_values" value="">
  </div>
  <p style="display: none !important;" class="akismet-fields-container" data-prefix="ak_"><label>Δ<textarea name="ak_hp_textarea" cols="45" rows="8" maxlength="100"></textarea></label><input type="hidden" id="ak_js_2" name="ak_js"
      value="1723789138018">
    <script type="text/javascript">
      document.getElementById("ak_js_2").setAttribute("value", (new Date()).getTime());
    </script>
  </p>
</form>

GET https://www.moonstone.co.za/

<form role="search" method="get" class="woocommerce-product-search" action="https://www.moonstone.co.za/">
  <label class="screen-reader-text" for="woocommerce-product-search-field-0">Search for:</label>
  <input type="search" id="woocommerce-product-search-field-0" class="search-field" placeholder="Search products…" value="" name="s">
  <button type="submit" value="Search" class="">Search</button>
  <input type="hidden" name="post_type" value="product">
</form>

Text Content

 * About
 * Our People
 * Advertise
 * Data Privacy
 * Contact

Skip to navigation Skip to content
Menu
 * Online
 * Services
   * Regulatory Exam BodyRE1 & RE5
   * Compliance & Risk ManagementFAIS, FICA, NCA, Privacy & Labour
   * Business SchoolQualifications, COB & CPD
   * Information RefineryNewsletters & Media Kit
   * Workforce SolutionsBBBEE, EE & Skills Dev Reports
 * Careers
 * Workshops
 * CPD

 * Home
 * Cart
 * Checkout
 * Home
 * Job Card | MCOM
 * Job Card | MSS
 * My account
 * Partners
 * Subscribe
 * Regulatory Exam Body
 * Services
   * Compliance & Risk Management
   * Regulatory Exam Body
   * Information Refinery
   * Workforce Solutions
     * Workforce Solutions | Book a Consultation
 * About
 * Our People
 * Advertise with us
   * Advertising Media Kit – Download
 * Data Privacy
   * Data Subject Request Forms
     * Data Subject Requests | MIR
     * Data Subject Requests | MCOM
     * Data Subject Requests | MBSE
     * Data Subject Requests | MBS
     * Data Subject Requests | MSS
   * Data Privacy Policy
   * Privacy Notices
   * Email Disclaimer
   * Website Terms & Conditions
   * Copyright Notice
   * Event Refund / Cancellation Policy
   * Cookiebot
 * Contact
   * Contact | Thank You
   * Subscribe | Thank You
 * Sitemap
 * Jobcard
 * Library
   * Regulatory Examination Library
   * Moonstone Library


Home / Industry News / Former FNB employee sentenced to prison for R6.4m fraud


FORMER FNB EMPLOYEE SENTENCED TO PRISON FOR R6.4M FRAUD

Posted on 15 August 202415 August 2024 by Ongeziwe Babane — Leave a comment

A former First National Bank employee has been sentenced to an effective 15
years in prison for defrauding the bank and one of its clients of more than R6.4
million.

Mzwakhe Khumalo, a credit validation consultant at FNB’s Selby branch in
Johannesburg, was part of a syndicate that defrauded Hans-Christian Bremm, a
German national.

Khumalo’s co-accused, Lwando Dingiswayo, who was also an FNB employee, was
convicted in a separate trial. Other members of the syndicate have either been
convicted or are awaiting their day in court.

Khumalo and Dingiswayo used their positions to access two accounts belonging to
Bremm. Dr Sabine Katrin Raab, also a German national living in South Africa, had
full signatory authority on both accounts.

On 8 and 20 December 2017, and again on 6 February 2018, Khumalo and Dingiswayo
accessed Bremm’s accounts without any valid business reason, authorisation, or
the account holder’s knowledge.

In December 2017, Dingiswayo altered the contact details associated with Bremm’s
account by changing the In-Contact phone number and email address, thereby
facilitating unauthorised access to the account.

In January 2018, members of the syndicate, including individuals impersonating
Bremm and one “John Anthony Mackay”, fraudulently cancelled Raab’s signatory
authority and replaced it with Mackay’s details using forged passports.

In February 2018, the syndicate, under the guise of Mackay, initiated a transfer
of more than R4.8m from Bremm’s seven-day investment account to the cheque
account. They attempted to withdraw R500 000 from the cheque account at FNB’s
Eloff Street branch in Johannesburg but were prevented when the teller became
suspicious. Subsequently, they transferred the remaining R1.6m to a Standard
Bank account under the syndicate’s control.

On 13 February 2018, the transferred amounts were identified as proceeds of
unlawful activity. The following day, R400 000 had already been withdrawn in
cash before a hold was placed on the remaining funds.

Just over R6m was subsequently recovered.

The Specialised Commercial Crimes Court in Gqeberha this week sentenced Khumalo
to 15 years’ imprisonment for fraud, six years for money laundering, and 12
months for contravening the Electronic Communications and Transactions Act. The
court ordered the sentences to run concurrently.

The court said Khumalo’s actions showed a clear disregard for the law. It
rejected his application for leave to appeal the verdict and sentence.

Category: Industry News
Tags: #bankaccount, #FirstNationalBank, #moneylaundering, Fraud


POST NAVIGATION

Previous post: FIC publishes finalised guidance on beneficial ownership
Next post: Government seems to back away from prescribed assets
Leave a Reply Cancel reply

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

Comment *

Name *

Email *

Website

Save my name, email, and website in this browser for the next time I comment.







Δ

Services
 * Compliance & Risk ManagementFAIS, FICA, NCA, Privacy & Labour
 * Business SchoolQualifications, COB & CPD
 * Information RefineryNewsletters & Media Kit
 * Workforce SolutionsEE & Skills Dev Reports
 * Regulatory Exam BodyRE1 & RE5

Investment Rates

 

Updated 12 August 2024

View Now

Money Market funds

Updated 12 August 2024

View Now

Search for:
Health Minister slams R1.3tn NHI cost estimate
https://youtu.be/1GXRYQilYWM

Newsletter Subscription

  Stay at the top of your game

Subscribe
First Name(Required)

Last Name(Required)

Email(Required)

Landline(Required)

Cellphone(Required)

FSP Number / Company Name(Required)

Name

This field is for validation purposes and should be left unchanged.


Δ



Tweets by MoonstoneInfo
Contact Us

+27 21 883 8000

-33.9652451,18.8405387

Email us

Find us

25 Quantum Street, Technopark
Stellenbosch, South Africa

Recent Posts
 * 
   Future-proofing advisory practices: key takeaways on succession planning
   
   Ninety One’s Jaco van Tonder […]

 * 
   Celebrating excellence and resilience: FPI awards honour top financial
   planners
   
   Rudolph Geldenhuys, a senior […]

 * 
   Top achievers shine: insights on mastering the Advanced Certificate in
   Financial Planning
   
   Wynand Venter, Marié Rieckhoff, […]

Services
 * Compliance & Risk ManagementFAIS, FICA, NCA, Privacy & Labour
 * Business SchoolQualifications, COB & CPD
 * Information RefineryNewsletters & Media Kit
 * Workforce SolutionsEE & Skills Dev Reports
 * Regulatory Exam BodyRE1 & RE5

Copyright © 2024 Moonstone Information Refinery®

Developed by This Side Up Media
 * My Account
 * Search
   Search for: Search
 * Cart 0

www.moonstone.co.za Open in urlscan Pro 196.44.34.88 Public Scan

Form analysis 4 forms found in the DOM

POST https://www.moonstone.co.za/wp-comments-post.php

GET https://www.moonstone.co.za/

POST /former-fnb-employee-sentenced-to-prison-for-r6-4m-fraud/#gf_2

GET https://www.moonstone.co.za/

Text Content

www.moonstone.co.za Open in urlscan Pro
196.44.34.88 Public Scan

Form analysis
4 forms found in the DOM