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Clerk in court for R266k fraud

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A clerk accused of devising a scam to embezzle her employer's funds appeared in the Bellville Specialised Commercial Crime Court.

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Bellville - A clerk accused of devising a scam to embezzle her employer's funds appeared in the Bellville Specialised Commercial Crime Court in Cape Town on Wednesday.

Colleen Isaacs, 36, of the Cape Flats suburb of Ravensmead, was not asked to plead to a charge of fraud involving R266 407 when she appeared before magistrate Sabrina Sonnenberg.

According to the charge sheet, she worked for the company Qualichem Coast (Pty) Ltd, as an invoice clerk, between March 2008 and April 2010.

Her duties included the processing of sales between Qualichem and Genkem Retail.

Qualichem customers paid for transactions by cash on delivery, but she is alleged to have cancelled cash invoices by means of false credit notes for the full amounts of the various purchases.

The credit notes gave the false impression that either the customers had not received the goods purchased, or that the invoices were a mistake.

Isaacs allegedly passed credit notes without the authority of the accountant or branch manager.

She allegedly manipulated stock items on the electronic system, for her own benefit.

She was then allegedly not able to balance the books of account as a result of the embezzlement, but to conceal the discrepancies, she would cancel even more invoices.

Isaacs was given a warning and will be back in court on August 15. - Sapa


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