{"id":47738,"date":"2022-05-07T00:00:00","date_gmt":"2022-05-07T00:00:00","guid":{"rendered":"http:\/\/southafricatribune.com\/?guid=71611e5dc2758a72db90a60ad7b8468e"},"modified":"2022-05-07T00:00:00","modified_gmt":"2022-05-07T00:00:00","slug":"alleged-asset-finance-fraudster-released-on-bail","status":"publish","type":"post","link":"https:\/\/southafricatribune.com\/alleged-asset-finance-fraudster-released-on-bail\/","title":{"rendered":"Alleged asset finance fraudster released on bail"},"content":{"rendered":"
EASTERN CAPE \u2013 Liliso Nombewu (28) was released on R1000 bail during his first appearance in East London Magistrate Court on Friday, 6 April 2022 for allegations of asset finance fraud.<\/P>
It is alleged that on 18 December 2018, Nombewu approached Meyers Motors with the intention to purchase an Opel Astra with a purchase price of more than R147 000.<\/P>
When applying for vehicle finance, he attached the proof of employment and income and his application was approved. <\/P>
Nombewu reportedly failed honouring his instalments from the onset. The bank’s Forensic Investigation concluded that Nombewu made a misrepresentation and misled the institution. <\/P>
Nombewu was arrested after the matter was reported to East London based Serious Commercial Crime Investigation team of the Hawks. <\/P>
The matter was remanded to the 9 June 2022 for legal representation after his successful bail bid. <\/P>
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Source: South African Police Service<\/P>
<\/P><\/p>\n","protected":false},"excerpt":{"rendered":"
EASTERN CAPE \u2013 Liliso Nombewu (28) was released on R1000 bail during his first appearance in East London Magistrate Court on Friday, 6 April 2022 for allegations of asset finance fraud.It is alleged that on 18 December 2018, Nombewu approached Meyers M…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"\n