In what could become one of the biggest fraud cases in South Africa, a Pretoria businessman who has allegedly defrauded unsuspecting investors of at least R49,5-million, has appeared in the Pretoria Magistrate's Court on charges of transgressing the Banking Act. Johannes Gerhardus Grobler (32), of Amandasig, was arrested early Tuesday morning at his offices in Akasia Medical Centre. He has been released on R100 000 bail.
People who have put money into Emus Property Investment should contact the investigating officer, Captain Hugo Wolmarans, at (012) 329-6860.Grobler is due to appear in court again on October 4.
Source: IoL
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