Friday, August 21, 2009

R50m housing scam probed

The police commercial branch unit is investigating a R50-million housing scam in the Atlantis area of the Western Cape, police said on Friday.

Superintendent Jerome Hardenberg said Eugene Hendricks allegedly took deposits from victims, offering an attractive housing project.

He also offered a fixed payment system of R700 per month for 15 years to enable people to become home owners.

"According to our preliminary investigation there are... approximately 1500 victims from the residential areas of Atlantis, Eerste River and Scottsdene who fell prey to the housing scam," Hardenberg said.

He called on anyone who was a victim of the scam to register affidavits at the Atlantis police station next Wednesday or at the commercial branch offices on Thursday and Friday, during office hours.

- Sapa

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