NPA recovers R1.7 million for Eastern Cape man swindled in investment scam

iol.co.za · economy
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An Eastern Cape man has been reimbursed about R1.7 million after being swindled in an investment scam. The National Prosecuting Authority's Asset Forfeiture Unit traced the money taken from him through the remote-access scheme. Investigators located and followed proceeds connected to the fraudulent investment. The recovered funds were then paid back to the victim. The case involved scammers who used remote access to carry out the investment fraud. The Asset Forfeiture Unit focuses on locating assets linked to criminal activity so recoverable proceeds can be returned to victims.

An Eastern Cape man has been reimbursed about R1.7 million after the NPA’s Asset Forfeiture Unit traced the money taken through a remote-access investment scam.

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