Suspected kingpin, UIF staff targeted in SIU raids over R161m Covid-19 TERS fraud

SIU raids properties as R161m Ters fraud syndicate comes into focus

Sixteen companies and over 35 individuals suspected of being central to fraud

SIU's sweeping investigation targets R161 million UIF fraud linked to Covid-19 TERS claims

The SIU has launched a sweeping investigation into a syndicate allegedly defrauding the UIF of over R161 million through fraudulent Covid-19 TERS claims, with operations spanning KwaZulu-Natal and Gauteng.

SIU conducts multiple raids in connection with Ters fraud investigation

UIF staff and business owners in Gauteng and KwaZulu-Natal are accused of defrauding the Ters scheme of over R160 million.

R161m UIF-Ters fraud probe sees raids in Gauteng and KZN

The Special Investigating Unit on Thursday rolled out a search and seizure operation across Gauteng and KwaZulu-Natal as part of an investigation into a syndicate that allegedly siphoned R161m from the Unemployment Insurance Fund.

Suspected kingpin, UIF staff targeted in SIU raids over R161m Covid-19 TERS fraud

Raids related to Covid-19 Temporary Employer/Employee Relief Scheme fraud worth R161 million were carried out by the Special Investigating Unit when officials armed with search and seizure warrants pounced in Tshwane and KwaZulu-Natal on Thursday.

SIU raids KZN and Gauteng over R161m TERS fraud

The Special Investigating Unit (SIU), supported by specialised police units, carried out coordinated search and seizure operations across KwaZulu-Natal and Gauteng on Thursday, reports Cape {town} Etc. According to The Witness, they were investigating an alleged syndicate that syphoned about R161 million from the UIF Covid-19 Temporary Employer/Employee Relief Scheme (TERS). SIU teams targeted homes, offices and several company premises after th…