Category: Fraud

DimDat’s BEE move that turned into a fronting issue – naughty rich white men

Leave a Comment / Fraud, Fronting / Paul Janisch

As it turns out that the court found that there might have been a little (read a lot) misrepresentation about who the investors were behind the scheme. I am referring to the Rob Rose article in Currency. I’m not going to go into the details of the deal, you can get that from Rose’s article. […]

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Cover-quoting: Cape man fined R30 000

Du Plooy, who owned four close corporations (CCs), issued three different quotations to install fibre cabling at municipal premises in the Cape Town suburb of Kuils River. The quotations were in his CCs' names, which ensured that he was awarded the tender no matter which of the three quotations was accepted – a practice known