Estate agents face 126 counts of fraud

Two Hout Bay estate agents who are accused of stealing more than R2 million from their trust bank account, appeared in the Bellville Specialised Commercial Crimes Court in Cape Town, on Monday January 30.

Gavin Ellison Wright, 48, and Kevin Roy Wustefeld-Janssens, 56, both of Lategan Street, Hout Bay, were not asked to plead to 126 counts of fraud, alternatively theft.

Wright was named as the principal estate agent at the franchise Leapfrog City Bowl and Atlantic Seaboard, a franchise of the Leapfrog Properties Group. Mr Wustefeld-Janssen as his administration officer.

The charge sheet describes them as being in a “long life partnership and relationship.”

Prosecutor Denzyl Combrink alleges that they misappropriated trust funds, and were caught out when an estate agent complained to the authorities that the agency had not paid her commission.

Mr Wright faces an addition al charge involving his alleged failure to keep proper accounting records. – Africa News Agency