Two in court for R8m tax fraud

2016-02-05 12:06


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Johannesburg - Two men are expected to appear in the Johannesburg Magistrate's Court on Friday for allegedly defrauding the SA Revenue Service of almost R8m.

They allegedly defrauded Sars of R5 878 734 and potentially a further R2 092 238 in VAT, spokesperson Sandile Memela said.

The men were arrested on Wednesday, when Sars officials and police raided premises in Johannesburg. They confiscated 15 computers and passports.

"The men were busted following intensive investigations that indicated the accused, with 15 other individuals and entities, committed fraud by misrepresentation," said Memela.

Read more on:    johannesburg  |  crime  |  fraud

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