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Standard Bank must pay back the money

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Standard Bank has been instructed to pay back more than R2.1 million paid to a fake executor by the name of Johan Botha, who managed to convince the bank and the Western Cape High Court master that he was the authorised executor of the estate of Constance Arnot, who passed away in August 2021.

The case highlighted some astonishing vulnerabilities in a system meant to safeguard deceased estate assets.

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