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Five more arrested in VBS heist drama Updated Andrew Robertson Share this: There have been more arrests in the VBS heist saga. The Hawks have taken five people into custody following raids in Gauteng and Limpopo earlier today. Twitter/SAPolice They ve been charged with theft, fraud, corruption, money laundering and racketeering in connection with the looting of over R2 billion of customers savings and investments at the mutual bank. Katlego Mogale is the spokesperson for the Hawks. The arrested suspects include a General Manager of VBS responsible for credit facilities, a former Chief Operating Officer of VBS and CEO of Vele Investments. ....