Ricochet News

Three arrested in Port Elizabeth with over R1 million in cash

Aug 19, 2017
Three arrested in Port Elizabeth with over R1 million in cash

Swift response from SAPS Humewood officers to a complaint of a business robbery resulted in the arrest of three suspects aged 31 and 40 years with over R1 million rand in their possession.

According to the responding officers, the complainant of a business in Glen Street, Central, Port Elizabeth, activated the panic alarm when she became suspicious of the three suspects.

"The suspects were confronted and further enquiries led the officers to search their vehicle.

"A suitcase packed with a large amount of cash was found in the vehicle," described Captain Sandra Janse Van Rensburg.

"The suspects were taken to Humewood police station for further questioning. The assistance of a bank official was sought for counting the money and over R1 million was confiscated."

Captain van Rensburg said that it is further alleged that these suspects are part of a syndicate operating in the East London area.

"Three other suspects are already in custody in East London for allegedly defrauding a pensioner of over R800 000.  The suspects will appear in the Port Elizabeth Magistrate's Court on Monday, on a charge of possession of suspected stolen property," she said.

"Police would like to warn the elderly not be naïve and trust strangers with their money. These con artists are experts in their trade and are very convincing. Investments of pension money should be done through reputable banking or investment institutions. Investigators will be working closely with their colleagues from East London during the investigations."