Watergate Cash Recovery: Police Seize Stolen Funds and Signal Jamming Devices

WATERGATE, WESTERN CAPE — Spokespersons for the Western Cape Anti-Economic Crime Task Team and the Counterfeit and Illicit Goods Policing Team have announced a significant Watergate cash recovery following the arrest of a suspect linked to a vehicle jamming syndicate. Authorities confirmed the seizure of a substantial amount of stolen money alongside three signal jamming devices.

The investigation was launched after a Maitland-based businessman reported a theft that occurred on Monday, 09 November 2026. The victim was transporting funds to a bank and made a brief stop on Section Street in Paarden Eiland. Upon returning to his vehicle, he discovered it had been left unlocked and R449,000 in cash was missing. The businessman suspects his car was targeted using a signal jammer while he was away.

Acting on intelligence regarding the suspects’ whereabouts, the task team raided a property on Mockingbird Street in Watergate, where the stolen funds were allegedly being divided. During the operation, officers apprehended a 44-year-old male suspect. A subsequent search of the premises yielded three signal jamming devices and a large quantity of cash that the man could not adequately account for.

The suspect has been formally arrested on charges of possession of stolen property. He is scheduled to appear before the Mitchells Plain Magistrate’s Court once officially charged.

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