By OBAKENG MAJE
A 28-YEAR-OLD man from Pampierstad, Cornelius Jacobus Jacques Lombard and an entity, Quick Cash Loans briefly appeared before the Pampierstad Magistrate’s Court on 21 September 2023 for Contravention of National Credit Act 34 of 2005. This comes after Lombard was arrested by the Hawks’ Serious Commercial Crime Investigation team.
The Hawks spokesperson in Northern Cape, Warrant Officer Nomthandazo Mnisi said the preliminary investigation indicated that, Lombard was running his business, whilst retaining clients’ bank cards, birth certificates, pin codes, proof of residence documentation, SASSA cards and Identity Documents (IDs) in order to enforce credit agreement.
“He was also charging his clients exorbitant interest rates. A search and seizure disruptive operation was executed at No. 2 Quick Cash Loans in Pampierstad. During the search, documentation, automatic teller machines and a total amount of R10 200 were seized.
“Lombard was released on R10 000 bail and the matter was postponed to 6 November 2023 for further investigation,” she said.
The Guardian 