Suspect arrested after R449,000 stolen from Cape Town businessman’s car

A 44-year-old man has been arrested in Cape Town after a businessman reported the theft of R449,000 from his vehicle. The businessman, from Maitland, had stopped in Section Street, Paarden Eiland, to transport the cash to a bank when he noticed his vehicle was unlocked and the money missing. Western Cape police, in collaboration with the Anti-Economic Crime Task Team and the Counterfeit and Illicit Goods Policing Team, launched an operation in Watergate, where they recovered the stolen cash and three signal-jamming devices. The suspect was arrested on charges related to possession of stolen property.

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