Bogus cash-in-transit collectors steal R5m

2012-03-07 22:38

Johannesburg - A man has been arrested for stealing R5m from Gauteng businesses in fake cash-in-transit collections, police said on Wednesday.

The 50-year-old man was arrested in Hekpoort, Krugersdorp, on Tuesday when he was found in possession of Coin security company cash collection receipts, said Lieutenant Colonel Tshisikhawe Ndou.

Two cash collection boxes and a dismantled cash-in-transit van were also recovered.

The man and accomplices went to shops and companies and picked up their cash before the real cash vans arrived, said Ndou.

He said the van was reported stolen in Diepkloof in 2010. It was believed that the man modified it into a cash-in-transit van, but dismantled it when he realised the authorities were closing in on him.

The man was linked to 22 false collections in Gauteng since 2010. He would appear in Krugersdorp Magistrate's Court on Thursday.

Police expected to make more arrests soon.

  • Lerato Magabane - 2012-03-08 00:50

    ppl got skills hey

      Steen - 2012-03-08 08:55

      this guy is smart. but he is using his skills fro wrong reasons.

      Gareth-P - 2012-03-08 09:08

      Sounds like a good movie.....

  • Boer - 2012-03-08 01:06

    At least he didn't kill a rhino.

  • Luthando Yaso - 2012-03-08 01:13

    Give that man a Bell

      Carla - 2012-03-08 07:10

      Give him handcuffs

      debra.brasem - 2012-03-09 09:26

      Yeah Give him a Bells

  • seanpresherhughes_1 - 2012-03-08 01:41

    Surely the system of collection of these boxes should be revisited - the criminals are becoming more and more cunning. Simple preventative measures like fingerprint recognitiin /retina recognition (Biometrics) at vendors, could ensure that the real guys are collecting the goods from the clients - use your brains guys, it is time to stop taking it for granted that your current measures are adequite - you all need a project team with a project manager to review your current situation and if need be firm out some money to prevent repeated crimes and put tying lives tag danger as well. If you don't have a solution put allow the public to complete a survey providing their suggestions on how to improve things on your security issues as they might know more than you realise! I personally feel that flashing rifles around and getting your drivers to drive like complete idiots to avoid becoming targets are totally out if date and that you are making yourselves open targets and also placing the public's safety in jeopardy!

      Seja - 2012-03-08 06:28

      ...A new high-tech system is surrently being tested and will be rolled out to pilot sites starting next week.

      Brian - 2012-03-08 06:38

      Quite right. But WHY do these cash in transit companies insist on putting their company name and a big sign saying "Cash In Transit" all over their vehicles? Talk about sending an invitation out .... "Hey look! Come and get me! I've got CASH!" Make them look like taxis rather.

      seanpresherhughes_1 - 2012-03-08 08:53

      That seems like good news Sea, just hope and trust that it was properly project managed by a reputable project management team! Can't wait to see/hear what the roll-out will entail. Good luck - hope it works and saves lives at the same time. It is a pity that we are not totally cashless yet, this would take away all this unnecessary behaviour by the greedy criminals! They feel nothing for anyone's lives and just shoot what/who gets in their way. Trying to catch these thugs also costs the taxpayers a lot of money and if caught, we end up housing/feeding and providing them with some of the best medical support money can buy - these perpetrators end up in private clinics if they become "very" ill!? The dynamite that they use should end up their! - this would cost the taxpayer a lot less money indeed!

      seanpresherhughes_1 - 2012-03-08 08:56

      btw - sorry for the spelling errors, this machine just changes the words - I will proof read properly in future before publishing :-) I will also remove the spell check! This tablet is stupid!

  • William - 2012-03-08 08:17

    I feel a movie coming up.

      wmutahi - 2012-03-08 09:07

      There already is one - where the money is.

  • Mandla Mchunu - 2012-03-08 09:05

    I'm gonna sue this guy for stealing my idea seriously.

  • Poloyatonki - 2012-03-08 09:14

    Clearly he knew everything about the system...

  • drishworth - 2012-03-08 09:26

    Ingenius! Pity he used his intelligence with criminal intent.

  • Max - 2012-03-08 11:37

    i like this guy..... no one got killed

  • phillipa.mill - 2012-03-08 12:15

    Good plan you got to give him that

  • Lincoln - 2012-03-08 14:30

    SA criminals are on some next level shi now!

  • pages:
  • 1