Fifteen syndicate operatives are due to appear at the Nigel Regional Court following an investigation of more than 105 syndicates, identified on charges ranging from fraud, theft, forgery, contravention of the Identification Act and contravention of the Electronic Communication and Transactions Act.
The syndicate will be facing more than eighty four thousand charges when they appear in court on Monday 6 May 2019.
The current investigation operating as “Boiler Room project” made the first arrest of syndicate members in June/July 2016 after a cash withdrawal of R40 000 from a banking institution in Nigel. Several equipment including electronic storage devices, computers and cellular phones were seized where 85 000 people’s profiles were found.
These profiles were in the form of:
·Forged documents such as bank statements, ID books and salary advices
·Scanned documents in fraudulent applications
·Contact number of syndicates as well as
·Discussions on identified targets for the syndicates and strickers or runners.
The syndicate will obtain a profile from a source and ensure that the person has a good credit score. A runner to be used will then be identified and several fraudulent documentation will be sourced from an Internet shop. Once the target has been identified, a purchase will be made.
The items will then be handed over the handler/syndicate and sold, the runner will then be paid and the rest of the money will be shared between the syndicate operatives.
No bail has been granted to all the syndicate operatives that will be appearing in court on Monday.
Syndicate operatives have been identified as widespread across other Provinces. Police are appealing to anyone especially retailers to report any suspicious fraudulent purchases or may delay any deals for verification purposes. Anyone who may have information about members of the syndicates may contact Sergeant Laurence (079 818 3183) of the Provincial Investigation Unit or Crime Stop at 08600 10111.
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