John borrows R5,000.00 cash from Jacob. A week later John pays Jacob R5,000.00 cash in payment of the debt. Jacob's secretary is unaware that John has paid the money to Jacob and make an EFT (Electronic Funds Transfer) for R5,000.00 to Jacob in payment of the debt. Jacob got a notification of the payment and immediately withdraw the money by using an ATM. 

Did Jacob commit a crime? Discuss with reference to all the elements of the crime.

Answer rating: 100% (QA)

In the scenario youve described it doesnt appear that Jacob has committed a crime but there may be s... View the full answer