Former east firm financial manager guilty of defrauding employer of over R650k
The accused was found guilty and convicted on four counts of fraud. The matter was postponed to September 30 for sentencing.
A 42-year-old former financial manager at a Pretoria east-based business management consultant firm has been convicted on four counts of fraud.
Shadrack Mashele’s case was postponed to September 30 for sentencing after he defrauded the German Development Cooperation (GIZ), according to the South African Police Service.
Mashele was found guilty on Friday, July 26 of defrauding his employer of over R650 000.
According to Warrant Officer Thatohatsi Mavimbela, police investigations revealed Mashele had submitted four fictitious invoices in 2015.
He said Mashele claimed the invoices were from legitimate suppliers.
“Between April 30 and May 18, 2015, Mashele, a financial manager, submitted fictitious invoices purporting to be from the suppliers of the company, in which they were paid believing that these invoices were legitimate,” said Mavimbela.
The case was referred to the Serious Commercial Crime Investigation unit in Pretoria.
Mavimbela said their investigation uncovered that all four invoices submitted were fake and part of a fraudulent scheme.
“On November 23, 2015, Mashele made his first appearance at the Pretoria Specialised Commercial Crimes Court after a summons to appear in court was issued,” he said.
Mavimbela said that Mashele was found guilty and convicted on four accounts of fraud.
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