By Thys Khiba – The North West, Potchefstroom Regional Court has transferred the fraud and theft case against Fritz Stefanus Visser to the Klerksdorp Specialised Commercial Crimes Court for trial.
The trial against a 51-year-old diamond dealer is expected to begin on 23 October 2023.
Convicted
The state confirmed its readiness to proceed with trial as investigations into the matter have been completed.
The NPA spokesperson Henry Mamothame confirmed Visser is out on R10 000 bail.
“His court appearance emanates from an incident that allegedly occurred on 23 May 2016, wherein the complaint who operates a diamond mine with his brother in Ventersdorp, discovered a diamond of over a hundred carats.
“In their attempt to find suitable buyers, they got an offer of R42 million, however, Visser who is a licensed diamond dealer and a person they have had previous transactions with, told them he had an offer of R50 million from another prospective buyer,” said Mamothame.
The court heard that after a series of engagements between the complaints and Visser, the diamond was then allegedly delivered to his office in Johannesburg, on 12 July 2016.
Visser sold the diamond for R38 million on the same day and received payment.
“Between this period and December 2017, when they finally decided to open a case against him, he had only paid them R18 million.”
The state is expected to argue that Visser decision was premeditated, as he intercepted a move by the complainant to sell the diamond to a buyer of their choice by deceiving them with a lie about a buyer who wanted to offer more money.
Meanwhile, the complaints realised they were defrauded when they wanted to return the R18 million to Visser, for the return for their diamond and it emerged that the diamond was long sold.
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