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Former bank employee in dock for allegedly pocketing R600 000 from clients

───   10:43 Mon, 08 Nov 2021

Former bank employee in dock for allegedly pocketing R600 000 from clients | News Article
PHOTO: Twitter

A former North West bank employee is expected to appear in the Molopo Regional Court on four counts of fraud.

He allegedly pocketed R600 000 from bank clients' accounts.

Siphiwe Hlathi, 28, was working at a bank in Mahikeng at the time of the alleged crimes. The crimes were allegedly committed in October 2018, said police spokesperson Captain Aafje Botma.

"At the time of the commission of the crimes… the accused was... handling retired or resigned public servants' accounts. According to reports, the accused would – after lump sum payments into the clients' accounts – deactivate cellphone notifications. Moreover, he would, without the knowledge of the clients, transfer monies ranging from R30 000 to R50 000 from the victims' accounts, all amounting to R600 000, into his personal account," said Botma.

Clients reported the transactions to the bank after becoming suspicious. A police investigation followed, and he was arrested.

Hlathi is expected to appear in court for plea and sentencing on Monday, said Botma.


News24

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