They arrested a foreigner and his two accomplices on Friday.
According to Constable Frans Strydom the foreigner had a false ID with him and an expired passport at the time of the arrest.
He says the alleged fraudster claims he has only been in the country for four years, but according to his passport he entered the county in 1998.
Captain Johannes Ramphora, Springs police spokesman, says this comes after months of investigation during which accounts were being opened at furniture shops in Springs on credit.
No repayment instalments were ever made.
Strydom and his team confiscated computers, a memory stick, false payslips and bank statements, bank cards and other documentation from his office.
It is believed the alleged fraudster recruits people to open accounts at furniture shops with false payslips and bank statements.
Ramphora says the recruits then have to sell the goods to a specific pawn shop in the CBD.
“The alleged fraudster claims what he wants first and then orders them to sell the rest of the stuff.”
When the goods are sold at the pawn shop, it is believed the alleged fraudster receives the money and gives a small cut to his so-called employees.
Ramphora says another claim against the alleged fraudster is that he received a deposit to the amount of R17 500 from a client for building purposes in 2010, but disappeared with the money.
The police are comparing copies of IDs with all the copies of IDs at the involved furniture shops.
Ramphora says the case is still under investigation.
The alleged fraudster and his two accomplices briefly appeared in the Springs Regional Court today (November 10).
The case has been postponed to Tuesday, November 11.
At the time of going to press no information was received from the court.
