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
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...