WARNING: This is Version 1 of my old archive, so Photos will NOT work and many links will NOT work. But you can find articles by searching on the Titles. There is a lot of information in this archive. Use the SEARCH BAR at the top right. Prior to December 2012; I was a pro-Christian type of Conservative. I was unaware of the mass of Jewish lies in history, especially the lies regarding WW2 and Hitler. So in here you will find pro-Jewish and pro-Israel material. I was definitely WRONG about the Boeremag and Janusz Walus. They were for real.
Original Post Date: 2007-09-01 Posted By: Jan
From the News Archives of: WWW.AfricanCrisis.Org
Date & Time Posted: 9/1/2007
SA: No bail for R20-million fraud accused
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From the News Archives of: WWW.AfricanCrisis.Org
Date & Time Posted: 9/1/2007
SA: No bail for R20-million fraud accused
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By Irene Kuppan Dressed in a black tracksuit with white stripes, the man accused of fraud worth more than R20-million towered over the dock he stood in at the Commercial crime court in Durban on Thursday. Unfortunately for Clinton Cotton, he will have to spend at least a week longer in prison after his bail application was adjourned on Thursday. Cotton, a financial broker attached to First National Bank, together with his wife Lisa and his former personal assistant Omakanthi Govender, were arrested two weeks ago. Lisa Cotton and Govender have already been granted bail of R100 000 and R5 000 respectively. Lisa was in court on Thursday to lend her support to her husband. The charges relate to the more than R20-million which was allegedly transferred from FNB clients’ funds into Lisa Cotton’s account. According to the draft charge sheet, Cotton led the investors to believe that the monies were being invested in an accredited service provider when it was in fact going into his wife’s account. The State also alleges that Cotton conducted a “type of pyramid scheme in order to commit fraud”. State prosecutor Ashika Haripersad told the court it was possible that other people were involved in this case and that this was still under investigation. |
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