ARRESTED FOR R800 MILLION FRAUD AND FORGERY
Mr S Antonio lozzo (49), Daniel Werner Roets (43), and Abraham Johannes Van Rensburg (56) appeared in the Palmridge Magistrate's Court on Thursday after the Hawks' Germiston Serious Commercial Crime Investigation (SCCIU) successfully executed a J50 warrant of arrest that linked the three to a massive fraud and forgery syndicate involving losses estimated at R800 million.
The suspects allegedly forged the complainant's signature at a residential and workplace premises in Brackenhurst these fraudulent documents were then submitted to the Master's Office in Pretoria to officially remove the victim as a trustee.
This unlawful action directly resulted in the victim losing approximately R800 million in financial returns,
They were granted bail to the amount of R 50,000 each.
The case has been postponed to Monday, 05 October 2026 for further investigation
Maybe I’m wrong but I think a government that demands accountability for how you spend YOUR money, but refuses to account for how it spends YOUR money, should be immediately replaced.