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Phillip Truter, first VBS Mutual Bank convict was released on parole months ago

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Manage episode 429008479 series 3361753
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Phillip Truter, the first person to be sentenced for his role in the grand looting of VBS Mutual Bank, was released on parole, the Department of Correctional Services revealed. Truter, who was the doomed bank’s chief financial officer, admitted that he was part of the group of people who were involved in the massive theft of VBS Mutual Bank funds. In 2020, Truter was sentenced to 10 years in prison, with three years suspended.

GUEST: Singabakho Nxumalo, Department of Correctional Services Spokesperson

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9291 episodes

Artwork
iconShare
 
Manage episode 429008479 series 3361753
Content provided by SAfm. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by SAfm or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Phillip Truter, the first person to be sentenced for his role in the grand looting of VBS Mutual Bank, was released on parole, the Department of Correctional Services revealed. Truter, who was the doomed bank’s chief financial officer, admitted that he was part of the group of people who were involved in the massive theft of VBS Mutual Bank funds. In 2020, Truter was sentenced to 10 years in prison, with three years suspended.

GUEST: Singabakho Nxumalo, Department of Correctional Services Spokesperson

  continue reading

9291 episodes

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