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By Getrude Makhafola

Premium Journalist


Former KPMG staffer’s lavish lifestyle revealed after R16.5m fraud arrest

The former KPMG bursary specialist and his partner allegedly enjoyed lavish holidays and gifts.


Social media platform X was abuzz on Thursday as users revisited the lavish lifestyle of former KPMG employee, Fidelis Moema, after he was charged by the Hawks for allegedly diverting more than R16 million in bursary funds to his own pockets.

Moema, once employed as a bursary specialist at auditing firm KPMG, appeared in the Commercial Crimes Court at Palm Ridge on Tuesday.

Users on X dug out posts by Moema’s purported girlfriend and influencer Sthe Bhengu depicting the lavish overseas holidays and extravagant gifts the two enjoyed.

These include a black Range Rover SUV “push gift” he allegedly gifted Bhengu when she was pregnant in 2022.

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Users re-tweeted the gifts and pictures of a pregnant Bhengu posing next to the black SUV in November 2022.

Another post showed videos and photographs taken during holidays, including one in Greece.

For their gender reveal, a helicopter was hired to blow out pink smoke, signalling that the baby was female.

Bhengu has since deleted pictures depicting the luxury lifestyle from her social media accounts.

Fraud case against Moema

The State alleges that between 2021 and 2022, Moema diverted R16.5 million in bursary monies meant for students.

“Instead of paying university fees on behalf of students, the accused paid the monies into bank accounts of friends and individuals who own businesses.

“The money would then be paid back into his personal bank account. KPMG suffered a loss of R16.5 million due to his fraudulent actions,” said Hawks’ Warrant Officer Thatohatsi Mavimbela.

Dismissed by KPMG

KPMG said Moema was no longer employed at the company after disciplinary action against him.

“KPMG South Africa played an integral part leading to the arrest of former employee, Fidelis Moema, following the firm identifying potential fraud committed against the firm,” Sehoole said.

“Mr Moema was dismissed as an employee of KPMG on 11 November 2022, following a stringent disciplinary process related to non-compliance with firm policies.

“Subsequent to his dismissal, KPMG identified potential fraud committed by Mr. Moema and immediately initiated an internal forensic investigation.

“This investigation uncovered fraudulent behaviour related to bursary funds and as a result, we reported the matter to the relevant law enforcement authorities in February 2023. We continue to work closely with the authorities to bring this matter to a close,” said the firm’s SA CEO Ignatius Sehoole.

The 32-year-old handed himself over to the Hawks in Johannesburg on Tuesday. He faces charges of fraud and money laundering.

The case was postponed to next week for bail application.

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