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Home News Business & Finance

Joburg car dealer charged for alleged R10.5m finance fraud on trade-ins

admin by admin
May 7, 2022
in Business & Finance
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A Johannesburg car dealer has been arrested in connection with alleged car sale fraud amounting to more than R10m.

The Hawks, who arrested Michael Peter Griessel, 59, on Friday, said he allegedly targeted potential buyers whose loan applications had been declined by financial institutions

Capt Yolisa Mgolodela, spokesperson for the directorate, said Griessel allegedly  colluded with Johannes Willem Liebenberg, the sales manager at Ronnies…



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