Why KPMG is trending on Twitter

Fidelis Moema, aged 32, is trending on Twitter due to his arrest for theft, fraud, and money laundering. Moema, a former bursary specialist at KPMG, allegedly misdirected funds intended for bursary recipients between 2021 and 2022. Instead of paying university fees for students, he deposited the money into the bank accounts of friends and individuals with companies, subsequently transferring it back to his personal account. KPMG has suffered a loss of R16.5 million as a result of Moema’s fraudulent activities.

Author: Sandra Mapfumo