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A Lexus on a Salary of 7 Grand a Month?

Fraud Alert:

Cape Town – A Cape Flats accounting clerk has been arrested for allegedly defrauding her ex-employers out of more than R4 million.

The Directorate for Priority Crime Investigation (Hawks) nabbed Fadwa Alexander, from Hanover Park, in August after she allegedly transferred R4.3 million into five personal accounts over three years.

Hawks spokesperson Captain Lloyd Ramovha said Alexander, who is currently out on R50 000 bail, is expected back in the Wynberg Magistrate’s Court on November 22.

The missing funds were noticed after the company called in an accountant to check why they were “not making money”.

The co-owners of Smart Space Lifestyle Living in Ottery, Shamiel Coe, 46, and Derek Suter, 62, say while they were struggling to save their business, their former accounting clerk was “living the high life driving a Lexus, renovating her large home and throwing extravagant parties on a salary of less than R7 000”….

Full Article: Bosses accuse Lexus-driving clerk of R4m fraud | IOL