KZN man accused of defrauding store of millions to be sentenced
A KwaZulu-Natal man who has pleaded guilty to defrauding a Port Elizabeth clothing store of more than R8 million will have to wait a while longer to hear his fate in the city's Commercial Crimes Court.
Thirty-two-year-old Ravishkar Ramgoolam from Newcastle pleaded guilty in April to 37 counts of fraud - totalling more than R8.3-million.
He'd been due to be sentenced today.
But his attorney was not available and sentencing has now been postponed to next month.
He stole the money while working as an accountant at BMT Street Fever.
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In his plea statement, Ramgoolam said he had substituted the banking details of Street Fever's creditors and suppliers with his own.
It's emerged that he had nine accounts with different banks into which he deposited the stolen money.
