Fidentia

The IRBA is legally mandated to ensure the public can trust that audits are clean

Accused of misappropriating hundreds of millions and leaving orphans destitute, J Arthur Brown would have been the ultimate villain in any story line.

After six years of litigation, we all need a reminder of what J Arthur Brown’s fraud conviction was. We round up the case in numbers.

The R150 000 fine imposed on former Fidentia boss J Arthur Brown will not deter white collar crime, the Financial Services Board has said.

Former Fidentia boss J Arthur Brown has been fined R150 000 and a suspended prison sentence following two fraud convictions.

Former Fidentia boss J Arthur Brown was found guilty on two counts of fraud by the Western Cape High Court on Thursday.

The state has been given leave to appeal a Cape Town magistrate’s decision to grant bail to former Fidentia boss Arthur Brown.

The three embezzlement cases against J Arthur Brown, former CEO of the Fidentia group, were postponed on Monday to January next year.

Fidentia’s curators have been probing a deal involving ”a significant entity in the financial-services industry”.

One of South Africa’s largest Ponzi schemes, estimated to be worth up to R10-billion, has been uncovered, reports said on Thursday.

A court application is pending in which former chief executive of the Fidentia group, J Arthur Brown, seeks an order to stop his prosecution.

Former Fidentia boss J Arthur Brown, who is facing multiple fraud charges, has found God and a new girlfriend, it was revealed on Wednesday.

An application is to be brought before court for all charges in the massive Fidentia investigation to be consolidated into one case.

The Cape High Court on Wednesday granted a final order of sequestration against ”hopelessly insolvent” former Fidentia boss J Arthur Brown.

Fidentia’s former executive chairperson, J Arthur Brown, was on Monday released on R10 000 bail following his recent re-arrest on embezzlement.