Treasure trail of salons leads cops to R8m gem stash in Cape Town

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Treasure trail of salons leads cops to R8m gem stash in Cape Town

A stolen watch leads to a diamond bust as police go from one salon cum pawn shop to another

Reporter

An investigation into the theft of a luxury watch from a house in Hout Bay led Western Cape police to precious gems and allegedly stolen watches in pawn shops in Cape Town’s city centre.

Members of the Maitland flying squad arrested a 45-year-old foreign national for possession of stolen property after they found watches and gems – including uncut diamonds – worth an estimated R8m at two secondhand gold dealers.

A source with information about the operation said the owner of an International Watch Company (IWC) watch received information that the timepiece was being sold from a Long Street hair salon doubling as a jewellery dealer...

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