Brits attorney sentenced to 10 years for trust fund theft

An attorney, Isak Snyman (46) was sentenced to ten years imprisonment in the Specialised Commercial Crimes Court in Pretoria on Tuesday for theft of trust funds in Brits in 2010.

“The accused who is an attorney, was hired in 2010 in Brits to purchase and register properties on behalf of the clients. Approximately R4 million was deposited into his trust account. Instead of purchasing the properties, the accused misappropriated the funds,” said Hawks spokesperson, Captain Tlangelani Rikhotso.

The matter was reported to the Hawks’ Serious Commercial Crime Investigation and thorough investigations were conducted resulting in the accused being summoned to court.

“Snyman pleaded guilty and he was sentenced to ten years imprisonment, wholly suspended for a period of five years on condition that he repays the funds back in R50 000 monthly installments until the balance is paid in full.”