Multiple fraud accused 42-year-old Wayne Anthony is in custody for allegedly defrauding an insurance company of about R20 million.
Anthony appeared in the Palm Ridge Specialised Commercial Crimes Court on Tuesday and was remanded in custody until next month.
Anthony was arrested on Tuesday at the Pretoria Specialised Commercial Crimes Court, where he was attending to other fraud charges against him.
Regarding the R20 million payout fraud matter that landed Anthony behind bars, it is alleged that in August 2020, he intercepted the Stanlib insurance company’s system.
Anthony then allegedly created a fraudulent email under the Outsurance letterhead applying for a withdrawal of the R20 million on a policy payout.
As a result, Stanlib processed the R20 million transaction and paid it into a business account belonging to a software company, Panase Projects based in Gqeberha in Eastern Cape.
An internal Stanlib forensic investigation later discovered that the application for the payout was fraudulent and immediately reported the matter to the authorities.
Police arrested and charged Anthony with fraud.
Anthony has been positively linked to other fraud-related allegations in Gauteng and the Eastern Cape province.
He will be back in the dock on Tuesday, 2 November 2021 for a formal bail application.
Police investigations into Anthony’s fraud matters are continuing, said Captain Ndivhuwo Mulamu.