Cash-in-transit heists up by more than 100%

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The South African Banking Risk Information Centre (SABRIC) says cash in transit heists have increased by more than 100%.

This is from the period January to date. In the latest incident, two cash vans were bombed in a daring broad-daylight cash heist robbery in Boksburg east of Johannesburg.

A group of more than 10 suspects bombed the cash vans before fleeing with an undisclosed amount of cash.

Five suspects have so far been arrested after a high speed chase that ended up at the George Gogh hostel south of Johannesburg.

SABRIC’s Kevin Twiname says, “When comparing the period January to date this year to the same period last year incidents of this nature have increased by more than 100%. SABRIC and the cash in transit companies are working closely with the SAPS in efforts to root out this scourge.”

“Currently, there are several prevention initiatives and interventions that have been launched to combat this crime. The cash in transit industry would also like to thank the SAPS for their response which has led to the arrests of some of these criminals.”

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