PANews|7月 13, 2026 06:41
[Cape Town Police Seize Multiple Luxury Cars Driven by Self-Proclaimed Cryptocurrency and Forex 'Traders']
According to News.bitcoin, the Mayor of Cape Town and the Metropolitan Police Department conducted a nighttime special operation targeting individuals who claim to be 'cryptocurrency/forex traders.' During the operation, authorities confiscated several luxury vehicles using forged or unregistered license plates. Among the seized vehicles was a silver Mercedes-AMG GLE SUV valued at over $153,000, which had been fraudulently registered as a white BMW. Police also arrested a driver operating an unregistered BMW 3 Series sedan. Authorities stated that these luxury cars are often used by scam groups as tools to flaunt wealth on social media platforms like TikTok, in order to lure victims into investing in fraudulent cryptocurrency/forex schemes.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink