Nedbank's award-winning lawyer

Nedbank's award-winning lawyer

An astonishing 15 employees took bribes and helped defraud the bank and its attorneys out of at least R26.7m. The attorney pleaded guilty to 935 charges of fraud, theft, money laundering and corruption.

This is the story that Nedbank hoped would never appear. For months the bank has been trying to keep under wraps the identities, number and seniority level of its staff who are under internal investigation for their roles in a R26.7m scam devised by a rogue attorney working for one of Pretoria’s oldest law firms.

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Reader's comments

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Submitted by : Reon De Reuck of Little Falls on 2009-06-12 14:38:04
Remind me not to use these attorneys. Its seems they can't control anything. And for Nedbank I must wonder?
Submitted by : DARRELL HARVEY of MILL PARK on 2009-01-29 10:50:26
What about the auctioneers who sold the houses...were these not manipulated?....and what effect does all this have on clients who no doubt had most of these "costs" added to the arrears they already owed to Nedbank....looks as though this is going to get messy...and of course its never going to be the banks fault !!!!
Submitted by : Gary Drimie of Jeffreys Bay on 2009-01-28 22:24:50
I think that Croucamp was a true modern day Robin Hood...a crook yeah...but at least he spread the money around. That's life in SA eh?


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