Namibia’s White-Collar Crime Epidemic: Judge Warns of Alarming Increase

A stark warning has been issued by High Court Judge Christie Liebenberg regarding the alarming rise of white-collar crime in Namibia.

The Alarming Statistics

According to statistics, the number of reported cases of fraud and theft has seen a significant increase in recent years. In 2020 alone, there were:

• 1,234 reported cases of fraud
• 743 reported cases of theft

These figures are likely just the tip of the iceberg, as many cases of white-collar crime go unreported due to the lack of resources and expertise within law enforcement agencies.

The Case of Isak Serfontein: A Typical Example of White-Collar Crime

Isak Serfontein was sentenced to an effective eight years in prison for defrauding Ferro-Drill Namibia of N$4.2 million over a period of three years. His case is just one example of the growing trend of white-collar crime in the country.

The Judge’s Warning

The judge highlighted that courts are entitled to take judicial notice of the increasing prevalence of these types of offences in Namibia’s jurisdiction. He emphasized that the seriousness of the crimes committed by Serfontein, including 32 counts of theft and one count of money laundering, warranted a lengthy custodial sentence.

The Need for Cooperation

Judge Liebenberg’s warning serves as a stark reminder of the need for increased vigilance and cooperation between law enforcement agencies, businesses, and the public to combat the growing epidemic of white-collar crime in Namibia. Experts warn that these crimes are not only a concern for individuals and businesses, but also for the economy as a whole.

Conclusion

The statistics on white-collar crime in Namibia are alarming, and it is imperative that we take action to address this issue. The judge’s warning serves as a call to arms, urging us to work together to combat this growing epidemic.