Jaco Scheepers (43), a former Financial Manager for Shopfit National, a member of the Shopfit Group which specializes in bulk manufacturing and roll out of shop fitting and retail concepts, appeared in the Port Elizabeth Specialised Commercial Crimes Court on Wednesday 15 July 2020 for sentencing.
Scheepers pleaded guilty on numerous counts of fraud exceeding R2 million and was sentenced to a twelve years direct imprisonment.
The Hawks Serious Commercial Crime Investigation team probe proved that Scheepers created fictitious supplier invoices between March 2017 and April 2019 and directed the money to his personal bank account.
A total of 32 electronic fund transfers were made, defrauding his employer of approximately R2 038 584-00
The Acting Provincial Head of the Directorate for Priority Crime Investigation in the Eastern Cape, Brigadier Bongani Maqashalala applauded both the investigating and the prosecution teams for securing the sentence.
“We believe that this sentence will send a very strong message to white collar criminals that crime does not pay and hopefully the sentence will serve as a deterrent to others,” said Brigadier Maqashalala.
South Africa Today – South Africa News
