Western Cape police on Tuesday arrested two people including a retired South African National Defense Force (SANDF) Colonel on charges of fraud.
Arrests were made after various retired SANDF members laid criminal complaints against a retired Colonel and his cohorts for fraudulently representing to the retired members that the Queen of England and the British Army made millions of dollars available, as a pension pay out to each such retired applicant.
“It is alleged that at least 40 000 retired members responded to the “Colonel”, and as part of the application paid a R40 administration fee, with the hope to receive the pension pay out.”
“Based on the envisaged pension pay outs, the “Colonel” managed to further obtain loans, in excess of R2 million, with the promise to repay the loan when the funds are cleared in South Africa,” police spokesperson Captain FC van Wyk said in a statement.
The two suspects, aged 62 and 63 appeared in the Paarl Magistrate’s court on 26 August 2021.