R1.2 mill fraud and theft, Northcliff property managing agent in court

South African Police Service

R1.2 mill fraud and theft, Northcliff property managing agent in court
R1.2 mill fraud and theft, Northcliff property managing agent in court

Yvonne Teresa Squires (61) appeared before the Palm Ridge Specialised Commercial Crimes Court on charges of fraud and theft, on Wednesday 4 November 2020.

It is alleged that the Northcliff based property management’s body corporate managing agent allegedly transferred business funds into her bank account between July 2012 and May 2017 amounting to R1.2 million.

Squires, who was entrusted by the body corporate to manage and oversee the municipal funds, handed herself in at the Serious Commercial Crime Investigation offices in Johannesburg on Wednesday morning. She was subsequently charged for fraud and theft.

The court granted Squires bail of R3000 and her case is postponed to 10 December 2020 for disclosure.

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SOURCESouth African Police Service