A cash theft reported in Paarden Eiland has led to an arrest in Watergate, where police say they recovered a large sum of money and three signal-jamming devices during a follow-up operation, Cape {town} Etc reports.
The investigation began on Monday, 9 November, after a Maitland businessman reported that R449 000 had been stolen from his vehicle while he was on his way to the bank.
According to the South African Police Service (SAPS), the businessman had stopped in Section Street, Paarden Eiland. He later returned to find his vehicle unlocked and the cash missing.
He reportedly suspected that a signal-jamming device may have been used to interfere with the vehicle’s locking system.
Members of the Western Cape Anti-Economic Crime Task Team, working with the Counterfeit and Illicit Goods Policing Team, subsequently received information that suspects were allegedly dividing the stolen money at a property in Mockingbird Street, Watergate.
Police went to the address, where they found a 44-year-old man. A search of the property allegedly uncovered three signal-jamming devices and a substantial amount of cash that the man could not account for.
The suspect was arrested on a charge of possession of stolen property.
Police said he is expected to appear in the Mitchells Plain Magistrate’s Court once he has been charged.
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