Durban fraudsters begin serving time behind bars

Fathma, Zaine, Fadeela Kudoos, and Tasiemeem Mokarib were sentenced in the Durban Specialised Commercial Crimes Court this week.

 

The Hawks say Kudoos company, under Wedwo Trading, submitted a fraudulent application for finance to purchase a plastic moulding machine.

 

The supplier of the machine was Impact Industries.

 READ: Suspected fraudsters given bail by KZN court

The application was approved and over R2,7 million was paid into Impact Industries banking account.

 

"Only to find that they didn't partake in any meeting where the bank paid the money," says KZN Hawks spokesperson Simphiwe Mhlongo.

 

"That supplier was distracted by the accused to pay that money that the bank deposited to a different account as a result the bank was defrauded. Their intention was to defraud the bank for more than R2 million."

 

The suspects were sentenced to between four to 11 years imprisonment.

 

Wedwo Trading was ordered to pay an R80 000 fine.