4 TM Supermarket Employees In Court Over $1 Million Fraud

Four TM supermarket workers were hauled before that courts on allegations of defrauding the supermarket of over $1 million.

The four, namely Taurai Madziwanzira, Silas Munyoro, Tafara Matanga and Talkmore Mutsago reportedly swindled a total amount of $1 107 050. Nothing has been recovered.

The four hatched a plan to swindle TM through Ecocash sales. According to State papers, the four connived with Daison Mudakari, an accounting bookkeeper based at the head office, Eria Mukono TM Chinhoyi South branch administrator, Stephen Muzambi TM Kariba branch administrator and Tavapo Nyangwaira who are still at large to register an EcoCash Merchant line 0782791509/72546 in the name of Nyangwaira.

Once the “transfers” had been done Madziwanzira, Munyoro, Mukono and Muzambi allegedly sent EcoCash sales amounts less than amounts stolen to the other accused persons.

Matanga and Mutsago then received EcoCash transaction reports from Econet showing the actual sales figures made by respective branches. To cover up the offence Matanga and Mutsago would doctor EcoCash transaction reports.

The manipulated amounts were allegedly sent to the supermarket’s finance manager for banking.

The alleged scam happened between January and December 2018.

More: Daily News

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