---
author: "Eric Priezkalns"
published: "2017-04-20T06:00:41+00:00"
modified: "2017-04-14T15:06:38+00:00"
title: "MTN Accountant Arrested for Million Dollar Fraud"
permalink: "https://commsrisk.com/mtn-accountant-arrested-for-million-dollar-fraud/"
---

# MTN Accountant Arrested for Million Dollar Fraud

A financial accountant for South African telco MTN is behind bars after being accused of stealing ZAR24mn (USD1.8mn) from her employer, reports *ENCA.com*. Ruth Moshabane was arrested at MTN’s headquarters in Fairland, Johannesburg, after her personal bank contacted MTN about a series of suspicious transfers into her account. It is alleged Moshabane repeatedly took money from MTN’s bank account between 16th July 2015 and 4th April 2017.

Moshabane’s [LinkedIn profile](https://www.linkedin.com/in/ruth-moshabane-b9983258/) says she worked at MTN for almost 14 years, and describes her as a “financial accountant and aspiring entrepreneur.” Who knew that she was talking about a criminal enterprise!

You can read the *ENCA.com* story [here](http://www.enca.com/south-africa/mtn-accountant-in-court-on-r24m-fraud-charges).