Attorneys' scammed clients paid out

2012-12-09 16:21
(Supplied)

(Supplied)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - More than R100m has been paid out to clients who were cheated by their attorneys between January and October this year, the Sunday Independent reported.

"For 10 months of 2012, we have already paid R104m, and it's going up," Motlatsi Molefe, CEO of the Attorneys' Fidelity Fund, told the newspaper.

If this trend continued, the fund could pay out as much as R150m by the end of the year, he said.

Molefe said the fund was concerned by the increasing number of claims resulting from money disappearing from attorneys' trust accounts.

Bridging conveyance funds related to property transactions were most often stolen, followed by Road Accident Fund claims and deceased estates.

As a result, the fund had now set up a forensic unit to investigate, the newspaper reported.

NEXT ON NEWS24X

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
14 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
SPONSORED CONTENT
What your phone can tell you about your car

Watch this video to find out what your phone can tell you about your car.

/Sport
 

Road Accident Fund: #Takecharge to make roads safer

Hot on the heels of its Easter meet the #FutureYou campaign, the Road Accident Fund (RAF) will once again take its road safety message to the public - Sponsored.

 

Stay safe

Juvenile pillion riders? Play safe...
First-aid kit: What you need in YOUR car
Hey, lazy! Get outta the disabled bay!
Yaris: Perfect car for back-seat babes
Horoscopes
Aquarius
Aquarius

The energy today is expansive and philosophical. It is easy to see the bigger picture, but you can end up getting lost in it, so...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.