ARTICLES RELATING TO FIDENTIA

New Fidentia curator to be appointed

2014-07-03 19:05

The FSB is to approach the court to appoint a new curator for Fidentia, following the resignation of Dines Gihwala.

Fidentia fraud: Duo loses application

2013-10-07 19:35

Two men accused of defrauding Fidentia to the tune of R160m have failed in their application to have the charges against them quashed.

Fidentia fraud: State must provide details

2013-09-13 19:27

A commercial crime court has ordered the State to furnish two men accused of R160m fraud involving Fidentia with full details of the case against them.

Cheers as court grants Fidentia appeal

2013-07-26 07:58

The decision to grant the National Prosecuting Authority leave to appeal against the sentence imposed on former Fidentia boss J Arthur Brown has been welcomed.

Fidentia blew R24m on building - report

2013-07-23 09:48

A report details how Fidentia spent millions in investor funds, including R24m for a building from which ex-boss J Arthur Brown's wife ran a lifestyle centre.

NPA petitions on Brown sentence

2013-06-21 20:06

The State has petitioned the Supreme Court of Appeal to ask for a heavier sentence for former Fidentia boss J Arthur Brown, the National Prosecuting Authority says.

Fraudster Brown living in R8m home

2013-06-18 13:27

Convicted fraudster J Arthur Brown, who claims to be living on charity, is living in an upmarket Cape Town suburb in a house worth R8m.

Calls for answers on Fidentia funds

2013-06-04 22:37

The parliamentary committee on higher education and training wants answers from the Transport Education Training Authority on how public funds invested through Fidentia will be recovered.

Brown appeal turned down

2013-06-03 16:09

The State's application for leave to appeal former Fidentia boss J Arthur Brown's sentence has been denied by the Western Cape High Court.

Fidentia money paid out, say curators

2013-05-27 09:30

The curators of Fidentia say it is "utter rubbish" that they have not paid out money to trust fund beneficiaries since they took over the business, it was reported.

Brown can bring it on, says FSB

2013-05-19 11:17

The Financial Services Board has reportedly said it looks forward to the possibility of facing convicted Fidentia fraudster J Arthur Brown in a civil case.

Fidentia investors vow to get tough

2013-05-15 22:11

About 500 ex-mineworkers are hoping to sue the curators of Fidentia after losing millions of rands in investments, a representative says.

R150 000 fine for Brown fair, says judge

2013-05-15 15:18

Judge Anton Veldhuizen has justified a R150 000 fine for former Fidentia boss J Arthur Brown, saying he was not convicted of stealing millions from pensioners.

Sentencing of ex-Fidentia boss begins

2013-05-15 08:03

The sentencing of former Fidentia boss J Arthur Brown is due to be handed down by the Western Cape High Court.

Lawyer: Jailing Brown would be a waste

2013-05-13 12:34

It would be a waste of ex-Fidentia boss J Arthur Brown's intelligence to imprison him and a fine is more appropriate, the Western Cape High Court has heard.

Fidentia: Millions not accounted for

2013-05-06 12:28

An official has told the court that the Financial Services Board launched a probe after R406m was unaccounted for in Fidentia's books in 2006.

'Brown does not deserve jail'

2013-05-02 13:06

Former Fidentia boss J Arthur Brown does not deserve to go to jail, his uncle says.

Brown: State can pursue dropped charges

2013-04-30 15:39

Ex-Fidentia boss J Arthur Brown says the State is welcome to formally re-pursue certain charges it dropped against him, the Western Cape High Court has heard.

Emotional Brown gives testimony

2013-04-29 18:52

Former Fidentia boss J Arthur Brown has given emotional testimony in mitigation of sentencing, detailing the impact his three arrests and curatorship of Fidentia had on his personal and professional life.

Fidentia boss testifies

2013-04-29 11:28

The Fidentia court "saga" has had a devastating effect on many people, former Fidentia boss J Arthur Brown says.

Fidentia boss found guilty of fraud

2013-04-18 10:35

Former Fidentia boss J Arthur Brown has been found guilty on two counts of fraud in the Western Cape High Court.

Fidentia judge to scrutinise documents

2013-04-16 14:56

The trial of former Fidentia boss J Arthur Brown has been postponed to allow Western Cape High Court judge time to scrutinise an altered admissions document.

State caught sleeping in Fidentia case

2013-04-15 13:40

The State has been caught off-guard when doubts were raised about admissions made by former Fidentia boss J Arthur Brown, the Western Cape High Court has heard.

Brown admits guilt on two counts

2013-04-09 17:28

Former Fidentia boss J Arthur Brown has admitted guilt on two major counts in his embezzlement trial in the Western Cape High Court.

 

Acquittals in R160m Fidentia fraud case

2014-05-20 16:36

Two men accused of duping former Fidentia CEO J Arthur Brown into purchasing R160m shares in a company, have been found not guilty of fraud.

Fidentia case lacks details - lawyer

2013-09-11 19:34

Two men accused of defrauding Fidentia to the tune of R160m have launched an application in a commercial crimes court for details of the charges against them.

Fidentia: NPA may appeal Brown's sentence

2013-07-25 13:49

The Supreme Court of Appeal has granted the National Prosecuting Authority leave to appeal the sentence of former Fidentia boss J Arthur Brown.

Brown threatens to expose curators

2013-07-21 17:53

Former Fidentia boss J Arthur Brown has lashed out at his accusers, offering to be “filmed live whilst undergoing a polygraph test”.

Brown's sentence too lenient - NPA

2013-06-21 16:07

The National Prosecuting Authority has petitioned the Supreme Court of Appeal to ask for a heavier sentence for former Fidentia boss J Arthur Brown.

Fraudster Brown living in R8m home

2013-06-18 07:54
97 comments

Convicted fraudster J Arthur Brown, who claims to be living on charity, is living in an upmarket Cape Town suburb in a house worth R8m.

NPA to petition on Brown sentence

2013-06-03 20:30

The State will approach the Supreme Court of Appeal to ask for a heavier sentence against former Fidentia boss J Arthur Brown.

FSB to appear before parly over Fidentia

2013-06-02 14:53

The Financial Services Board will appear before parliament soon to discuss the recent court case of Fidentia boss J Arthur Brown.

NPA wants to appeal Brown's sentence

2013-05-24 16:36

The National Prosecutions Authority has applied for leave to appeal against the sentence given to former Fidentia boss J Arthur Brown.

FedGroup pledges R1m to Fidentia victims

2013-05-17 13:51

FedGroup Beneficiary Fund administrators will give R1m to the 500 ex-mineworkers and other beneficiaries who lost millions from Fidentia, CEO John Field says.

Disappointment as Brown walks free

2013-05-15 16:47

The R150 000 fine imposed on former Fidentia boss J Arthur Brown is a let-down as it will not deter white collar crime, says the Financial Services Board.

Ex-Fidentia boss gets off lightly

2013-05-15 11:53
123 comments

Former Fidentia boss J Arthur Brown was fined R150 000 and a given suspended prison sentence for two fraud convictions.

Jail Brown for 15 years - State

2013-05-13 15:27

Former Fidentia boss J Arthur Brown should be given at least the minimum sentence of 15 years' imprisonment for fraud, the Western Cape High Court has heard.

Brown sentencing continues

2013-05-13 07:56

The Western Cape High Court is expected to wrap up sentencing arguments in the fraud case involving former Fidentia boss J Arthur Brown.

Brown's lawyer dismisses Fidentia probe

2013-05-06 19:15

The Financial Services Board, who found a R406m discrepancy in Fidentia's funds, was not authorised to inspect the firm, the Western Cape High Court has heard.

Brown at peace with prison

2013-04-30 13:29

Former Fidentia boss J Arthur Brown, who has been found guilty on two counts of fraud, says he has made peace with the possibility of imprisonment.

Fidentia boss tells of defeat, humiliation

2013-04-29 14:22

Former Fidentia boss J Arthur Brown was left humiliated and defeated after authorities put his company under curatorship, he told the Western Cape High Court.

Fidentia boss feels vindicated

2013-04-18 13:16

Former Fidentia boss J Arthur Brown says he feels vindicated that the court has found him guilty on only two fraud counts.

Fidentia trial continues

2013-04-17 09:32

The embezzlement trial of former Fidentia boss J Arthur Brown is expected to continue in the Western Cape High Court on Wednesday.

Admissions are contradictory - judge

2013-04-15 20:26

Admissions made by former Fidentia boss J Arthur Brown on a fraud count seemed to contradict each other, a Western Cape High Court judge says.

Court faces hurdles in Fidentia case

2013-04-10 14:05

There are difficulties in deciding if the admissions of ex-Fidentia boss J Arthur Brown are sufficient to convict him of fraud, the Western Cape High Court says.

Judge: No more delays in Fidentia trial

2013-04-08 12:28

Western Cape High Court Judge Anton Veldhuizen says that he will not tolerate further delays in the trial of former Fidentia chief executive J Arthur Brown.

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