Loading...
See More

Wendy Machanik pleads guilty to theft

Oct 22 2012 07:57 Sapa
Wendy Machanik

Wendy Machanik

Related Articles

Estate agency administrator appointed

Machanik back in court

Wendy Machanik back in court

Machanik case postponed

Machanik's house sold in auction

Machanik’s R2.5m plea flop

 

Johannesburg - Former estate agent Wendy Machanik has pleaded guilty to 90 counts of theft, totalling R27m, according to a report on Monday.

Another two counts were for failing to keep accountable records of her trust account, Business Day reported.

Due to Magistrate Phillip Venter's concerns about terms of sentence, Machanik would only know her fate next month.

On Friday Venter said she should be sentenced for two counts of contravening the Estate Agency Affairs Act separately from the 90 counts of theft, which are regarded as a common-law crime.

The plea and sentence agreement, however, stipulated that sentencing should take all 92 counts together.


wendy machanik  |  fraud
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
45 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're talking about:

Small Business

New forms of digital technology are changing the very ways in which entrepreneurs run their businesses.
 
 

17 photo illusions that look so real

What if they aren’t illusions? What if that dog really has a human foot – then what?

 
 

For chic geeks...

It’s THIS easy for someone to steal your ATM pin!
Check out the speed of this robo-cheetah!
New GIF keyboard on iOS for added fun!
Puppy goes crazy over iPad game

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...