Bail for Durban man accused of R125m debit order fraud
A Durban man accused of committing mass fraud through unauthorised debit orders is out on bail.
Jason Foster and his co-accused Richard Marsden are among those who allegedly pocketed R125 million through the scheme.
Foster, the director of Durban-based call centres: Blue Debit and Talent Base, was arrested on Sunday at OR Tambo International after flying in from England.
Hawks spokesperson Ndivhuwo Mulamu says Marsden was released on bail in November.
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"Allegations on this matter are that Forster together with his co-accused Marsden created fraudulent bank payment system to collect debit orders fro their call centre companies which resulted to unauthorised debit orders loaded of approximately R125 million."
Foster was granted bail of R30 000 in a Johannesburg court on Tuesday.
Officials say more arrests can be expected with the pair expected to head back to court in May.
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