Law enforcement officials, led by Mayor Hill-Lewis, conduct an operation in Parklands, focusing on vehicles lacking valid documentation.

A luxury Mercedes - Benz GLE worth more than R2 million, allegedly registered as a white BMW, was among several high-end vehicles impounded during a City of Cape Town operation targeting fraud vehicle registrations in Parklands on Tuesday night.

Mayor Geordin-Hill Lewis claimed many of the owners identified themselves as crypto or forex traders.

Mayor Geordin Hill-Lewis and Mayco Member for Safety and Security, JP Smith took to the streets of Parklands and have impounded fast cars worth millions which did not have valid documentation and registration citing that many “crypto and “forex” traders were owners of these vehicles and had fake paperwork.

“In Cape Town, you will often find “crypto” and “forex” traders driving fancy cars with fake registrations or none at all,” said the Mayor via a Facebook post last night.