AFU recovers R11 million for Foschini after the Asset Forfeiture Unit won a High Court forfeiture order. The order prevents suspected fraudsters from keeping money taken in a sophisticated WhatsApp impersonation scam, reports Cape town Etc .
According to Diamond Fields , court papers show a senior treasury accountant at The Foschini Group TFG, Johanna Rademan, received messages in February 2025 from someone posing as CFO Ralph Buddle.
The impostors persuaded her to sign a non-disclosure agreement and to authorise two urgent payments totalling more than R22 million to accounts held in the name of ICUBED Distribution Pty Ltd.
