ADDITIONAL ARREST EFFECTED INVOLVING DEBIT ORDER BUREAU SCAM OF 125 MILLION1 min read
The Gauteng Acting Provincial Head, Brigadier Sekelama Lewele commends the outstanding efforts displayed by the investigation team on fraud allegations against company directors involving approximately R125 million of unauthorised debit orders.
It is alleged that between November 2018 and February 2019, Foster and his co-accused, Richard Marsden aged (51) who was released in November last year, created fraudulent bank payment system to collect debit orders for calls centres which resulted to unauthorised debit orders to be loaded.
Further investigations revealed that an amount of R125 million was transferred into different bank accounts, including that of Foster and Marsden.
Foster appeared in the Palm Ridge Specialised Commercial Court on the 2nd Of March 2022 and was granted a R 30 000 bail. Both Foster and Marsden are expected back in court on 27 May 2022 for further investigation.