Suspect due in court over fraud amounting to R460m

The 43-year-old woman was arrested at her home in Boksburg this week following a three-month long investigation.

Picture: Supplied

JOHANNESBURG - A Gauteng woman is expected to appear in the Johannesburg Specialised Commercial Crimes Court on Friday morning for allegedly defrauding a medical equipment company of over R460 million.

The 43-year-old was arrested at her home in Boksburg this week following a three-month long investigation.

Eleven luxury vehicles, furniture and jewellery were seized during the bust.

It is understood that the woman, who was an accountant for the company, duplicated payments by transferring money into her late husband's bank account.