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Person behind bars.
The Free State High Court in Bloemfontein has sentenced 52-year-old Sello Cedric Pinkoane to 14 years’ imprisonment for fraud and money laundering worth R64.8 million.
Hawks spokesperson Zweli Mohobeleli says in January 2017, the accused approached an elderly businesswoman with a business proposition.
He claimed to have secured a lucrative tender with one of the leading mining companies and that he was in urgent need of vehicles and cash.
The elderly businesswoman bought six bakkies and gave the accused money.
Later, when the victim enquired with the mining company, she discovered that the accused never secured a tender.
He had forged her signature, changed ownership of the vehicles, and sold them.
