Prominent Gauteng businessman arrested for R186 million alleged investment scam

Prominent Gauteng businessman arrested for R186 million alleged investment scam

GAUTENG – Kapai Pierre Petersen (43) appeared before the Specialised Commercial Crimes Court in Palm Ridge on charges of fraud, theft, forgery, and uttering on Tuesday, involving approximately R186 million alleged tender scam.

Petersen allegedly created and forged tender documents to lure his business partners to invest into his company, Blue Future Internet and Surveillance. ALCARI 805 cc and 605 Consulting were allegedly presented with fraudulent invoices by Petersen allegedly for funding to purchase equipment orders for hardware and internet surveillance as per National Health Laboratories Services (NHLS) requirement in 2016.
ALCARI 805 cc allegedly suffered a loss of approximately R12, 5 million, 605 consulting lost about R60 million in the process and NHLS lost about R114 million on fraudulent documents submitted by Blue Future Internet Surveillance owned by Petersen.

Hawks’ Serious Commercial Crime Investigation circulated Petersen on local and international boarder movement control in April 2019, as a person of interest on fraud related matter. Petersen was arrested on Monday, 03 February 2020 at OR Tambo International Airport after landing from Democratic Republic of Congo (DRC) following his circulation and flagging by authorities.

Facebook Comments

About author

Nigerians in South Africa
Nigerians in South Africa 8406 posts

We are about democracy, human rights, public opinion, political behavior, civil rights and policy aimed at improving the human condition, with a focus on African countries.

You might also like

Protests rage over Mexican woman’s murder

Image copyrightAFPImage caption Protesters called for tougher government action on gender violence Hundreds of people gathered in Mexico City on Friday to protest against the murder of a young woman. Ingrid Escamilla, 25, was stabbed to death allegedly by…

New Zealand win Vancouver Sevens, Blitzboks 4th

New Zealand beat Australia 17-14 to win the Vancouver Sevens on Sunday and solidify their lead in the World Rugby Sevens Series.MATCH CENTRE | Vancouver SevensThe Blitzboks finished fourth after losing 26-19 to hosts Canada in the Bronze Final, having earlier lost 27-15 to the All Blacks Sevens in the semi-final.Second-half yellow cards to Maurice…

Stocks fall as nations take coronavirus action

Image copyrightGetty Images Global financial markets are set for another turbulent week as more countries take action to slow the spread of the coronavirus. Stock markets across the Asia-Pacific region fell sharply on Monday, while Wall Street is seen openi…


No Comments Yet!

You can be first to comment this post!

Leave a Reply