Convicted Fraudster J Arthur Brown Is Living In An R8 Million Bishopscourt House

18 Jun 2013 by Jasmine Stone in Crime, Lifestyle, Luxury

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Former Fidentia head and convicted fraudster, J Arthur Brown is reported to be living in a Cape Town home  worth R8 million. The house is situated in Bishopscourt and has four bedrooms. Brown has repeatedly claimed to live off the charity of friends, having “lost all” his money.

During his fraud trial, Brown lived in three seperates homes that had a collective value of R26,9 million. But he told reporters this week that he doesn’t “live in luxury from supposed ill-gotten gains”. The individuals paying for Brown’s rent have not been identified, but he clarified that he is receiving “financial spport of my family and individuals who believe in my plight”.

Brown’s “plight” includes admitting to embezzling hundreds of millions of Rands from the retirement funds of former Fidentia clients.

Brown said:

Considering my reliance on others, my living expenses are very conservative.

[Source: News24]

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