Man, 51, sentenced for 344 counts of fraud and money laundering

Durban — A man accused of fraud and money laundering has been sentenced to 12 years’ imprisonment.Last Wednesday, the Durban Specialised Commercial Crimes Court sentenced Sivalingam Naidoo, 51, for fraud and money laundering.KwaZulu-Natal Hawks spokesperson Warrant Officer Sibu Ncane said between July 2015 and October 2016, Naidoo was employed as a property administrator by the owner of Phoenix Cash and Carry, who also owns and operates several other business properties in the greater Durban area. Naidoo’s duties were to handle all administration concerning rentals for the…