Internal audit exposes US$37 000 fraud at Croco Motors

By Parvel Makona

A former Croco Motors employee has appeared in court facing allegations of defrauding the motor dealer of more than US$37 000 during his tenure with the company.

Edson Shereni (51), who was employed as a credit controller at Croco Motors (Private) Limited, appeared before the court on Thursday on charges of fraud allegedly committed between May 2024 and November 2025.

According to court papers, Shereni is accused of receiving payments from company debtors and converting the funds to his personal use. Prosecutors allege that he manipulated company records to conceal the offence, including writing off settled accounts as bad debts and using prepayments to mask the missing funds.

The alleged fraud was uncovered in November last year following an internal audit, which revealed that the company had suffered losses exceeding US$37 000.

Shereni was granted bail of US$200 and was ordered not to interfere with witnesses, to reside at his given address, and to report to the police once every two weeks.

He is expected to return to court on March 5 for the commencement of trial.

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