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    Home » South African Woman Embezzled $27.9m From Employer
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    South African Woman Embezzled $27.9m From Employer

    By Casino Dada TeamAugust 16, 2023Updated:August 16, 2023No Comments2 Mins Read
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    South African flag with statue of lady justice

    A courtroom in South Africa has heard how a girl with a passion for casinos embezzled a staggering amount of cash from her employer over 13 years. [Image: Shutterstock.com]

    The Business Crimes Courtroom within the South African enterprise capital Johannesburg has convicted accountant Hildegard Steenkamp of embezzling R537m ($27.9m) from her employer, Medtronic, to fund a lavish way of life that included huge losses at casinos.

    CrimeInSA took to Twitter on Monday to share information of the staggering felony enterprise that began six months after Steenkamp joined Medtronic and lasted for 13 years:

    Hildegard Steenkamp was discovered responsible of stealing R537 million from her former employer, Medtronic, for over 13 years. Steenkamp siphoned cash from her former employer by duplicating funds to actual shoppers and repair suppliers & paying them into her deceased husband’s account. pic.twitter.com/Ge9ySYw0QP

    — CrimeInSA (@sa_crime) August 14, 2023

    Steenkamp, who’s from the town of Boksburg, joined Medtronic in 2004 as a junior accountant. Based on a sworn statement by forensic investigator Graham Dawes on the ongoing trial, the fraudster used many of the cash she stole for abroad journey, jewellery, vogue objects, and, most importantly, playing.

    a few of her thefts topped R20m ($1m) in a single month

    Monday’s testimony revealed Steenkamp misplaced R5m ($260,507) playing in a single evening, whereas a few of her thefts topped R20m ($1m) in a single month. Steenkamp pleaded responsible in Might to 336 costs and, whereas the Joburg courtroom has already convicted her of embezzlement, her sentencing is to come back on Tuesday.



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