The Pretoria Specialised Commercial Crimes Court remanded an alleged fraudster, Ali Ahmed Sabir (45) in custody on Monday, 25 October 2021, for defrauding car dealerships over R1,4 million.
It is alleged that in June 2017, Sabir fraudulently created false payslips under his company, Sabir Egalvally Investment CC when applying for vehicle finance at three car dealerships in Pretoria.
The extravagant vehicles, four Audi models, Jeep Grand Cherokee, and a BMW M Sport Grand Coupe allegedly financed by Wesbank as well as ABSA were issued to Sabir but he failed to make the monthly repayments.
The matter was reported at the Hawks’ Serious Commercial Crime Investigation in Pretoria for further investigation.
The investigation team circulated Sabir on the local and international border movement control which resulted in his apprehension on Sunday, 24 October 2021, at the Swaziland border post while traveling out of the country for leisure.
Sabir was charged with fraud and the case is postponed to Thursday, 28 October 2021 for a formal bail application.