The Hawks’ Serious Commercial Crime Investigation based in Mahikeng conducted an operation with the National Credit Regulator officials assisted by Visible Policing to curb illegal money lending schemes in Coligny.
Four properties where these businesses are operating from were identified and police pounced on them to stop illegal activities, seize supposed clients’ identity documents, SASSA cards as well as bank cards.
Four people aged between 43 and 51 were charged in terms of the National Credit Act. Their businesses were closed down and they each paid R5000-00 admission of guilt fine. They were also taught about ways of conducting legitimate moneylending business by registering with the NCR.
Source: South African Police Service
