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Millions of dollars in jewellery, gems stolen from armoured car in California – News

Millions of dollars in jewellery, gems stolen from armoured car in California – News

by admin
July 18, 2022
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25 to 30 lockers robbed belonging to 18 particular person exhibitors



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By Reuters

Printed: Mon 18 Jul 2022, 9:25 PM

Hundreds of thousands of {dollars} in jewelry and gems belonging to exhibitors at a California retail present had been stolen from an armoured automotive travelling north of Los Angeles final week, authorities mentioned on Monday.

The theft befell within the early hours of July 11 within the metropolis of Lancaster, because the car, operated by The Brink’s Co, was heading towards a storage facility, mentioned Brandy Swanson, director of the Worldwide Gem & Jewelry Present, which hosts retail reveals in venues across the nation.

The theft concerned about 25 to 30 lockers of jewelry and gems belonging to 18 particular person exhibitors at a present in San Mateo, south of San Francisco, she mentioned. The merchandise was going into storage forward of one other present scheduled in Pasadena.

Brink’s mentioned in a press launch that the lacking gadgets had been price lower than $10 million, whereas Swanson valued them nearer to $100 million. The safety firm couldn’t be instantly reached for remark.

In explaining the discrepancy, Swanson mentioned smaller exhibitors are likely to undervalue their items for insurance coverage due to the excessive price of protection.

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Swanson mentioned her group was working with native regulation enforcement and the FBI.

It’s unclear how the truck was robbed, whether or not there have been monitoring units on the lockers, or if there have been safety cameras on the truck or within the space, she mentioned.

“These victims are mother and pop operators, however the worth that was in these lockers is price greater than individuals perceive,” Swanson mentioned. “That is their life. Their entire life’s financial savings is now gone.”



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Tags: armouredCaliforniaCardollarsgemsjewellerymillionsNewsstolen

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