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Two alleged fraudsters of asset finance schemes have appeared in the Cape Town Magistrates Court....

2 months ago Western Cape

Two alleged fraudsters of asset finance schemes have appeared in the Cape Town Magistrates Court.......

Two alleged fraudsters of asset finance schemes have appeared in the Cape Town Magistrates Court. Forty-five year old Edwards Abdusamad and Enrico Chambers, aged 38, were arrested on Tuesday for their alleged involvement in creating fraudulent documents. These documents allegedly aided 54-year old Abdul Karriem Janodien to obtain vehicle finance for two luxury vehicles valued at almost two million rand. Janodien was arrested in October and released on bail of ten thousand raild. Hawks spokesperson Philani Nkwalase says the case against Abdusamad and Chambers has been postponed to the ninth of January for a formal bail application.

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