The Durban Specialised Commercial Crime Court convicted and sentenced Koobashen Naicker (48), a lawyer, for fraud. In 2006 the law society opened a case of fraud on behalf of a victim who was involved in a car accident. The victim had lodged to the Road Accident Fund (RAF) through Koobashen Naicker Attorneys and Associates.
RAF paid almost R999 977. 00 to Koobashen Naicker Attorneys and Associates’ Trust fund in 2008. Instead of paying the amount to the client, the he pocketed the money and as a result a case of fraud was opened against him.
The Investigations revealed that Naicker misused R5,834,149.00 from the Trust Fund.
On 25 November 2016, Naicker was arrested and charged with 294 counts of fraud. He appeared in court several times until he was convicted and sentenced on 18 January 2019. He was sentenced to five years imprisonment which was wholly suspended on condition that he must serve three years correctional supervision.
The loss was paid back to the victim by the law society from the Fidelity fund.
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