Van Rhyn Deep Pound Update: March 2012

9 March 2012

The Insurance Crime Bureau together with our eleven member companies, in partnership with the SAPS, has completed yet another successful pound clean up operation. The Operation began on the 6 February 2012 and was finalised on the 9 March 2012, involving the identification of approximately 2 200 vehicles.

The current stats and figures follow:

  • Number of vehicles handled: 826
  • Number of changed vehicles etched: 432
  • Number of etched vehicles identified: 310
  • Total number of original vehicles identified: 271
  • Number of vehicles released to the insurance industry: 60
  • Number of vehicles released to other financial institutions: 2
  • Number of vehicles released to uninsured people: 184
  • Total vehicles released: 236
  • Number of vehicles identified for possible forfeiture and compacting: 122
  • The current savings amount for the SAICB member companies: R4 860 246.85 (Amount not final)
  • The current savings amount for the non-insured industry: R7 360 000.00
  • The total saving for the Van Rhyn Deep Operation to date: R12 220 246.85 (Amount not final)

The following case study may be of interest to our readers:

In June 2011, Mrs B’s green Honda Ballade was stolen. She was notified by Tracker that the vehicle had been recovered and was standing in the Van Rhyn Deep Pound Benoni

Mrs B contacted the pound for assistance many times but to no avail. The Insurance Crime Bureau intervention team assisted Mrs B by taking her through the pound in search of her Honda Ballade.

The team was able to identify the vehicle through various identification marks. Mrs B was also in possession of the original key for her vehicle. 

She had no insurance and was very pleased that the intervention team was able to assist her with the upliftment of her vehicle. 

This is just one experience of many that has been highlighted but there exists various similar incidents during this operation whereby vehicles standing in police custody for long periods have, through this initiative, been successfully identified and returned to their rightful owners who were only too pleased to have ownership of their vehicles once again.

The Insurance Crime Bureau extends a special note of thanks to the SAPS and all member companies who were at the pound on a daily basis rendering their assistance and experience, thereby ensuring an operation that was a resounding success.