Family members in court for alleged money laundering

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A Limpopo family is facing money laundering charges under Section 6 of the Prevention of Organized Crime Act, No. 121 of 1998.
The director of a company called Agri IP Pty Ltd, Luhan Holtzhausen, 26, along with his alleged accomplices Kristi Holtzhausen, 29, Henry Holtzhausen, 55, and his wife Janene, 59, appeared in the Bela Bela Magistrates court this week.

Police spokesperson Colonel Malesela Ledwaba says the charge relates to the sale of a gold bar that turned out to be fake.

He says the director, Luhan Holtzhausen, was granted bail of R10,000, while his co-accused were each granted bail of R5,000.

He says they allegedly advertised on social media seven 100-gram Perth gold bars, each selling for R120,000.
According to police, a male buyer bought the bars for a total of R700,000 but later discovered they were counterfeit when they checked them in Gauteng.

Colonel Ledwaba said the buyer requested a refund after the sale, backed by a fraudulent receipt. During investigation, the money was traced through various accounts, including those of relatives of the suspects.

He says a fraud case has been opened and arrest warrants have been issued.

The suspects subsequently handed themselves over to the police before appearing in court on October 31, 2021.

The case was adjourned to January 13, 2025 for further investigation.