Burglars tunnel through concrete wall into LA jewelry store and steal $10 million in watches, pendants and gold chains

Quick Summary:

The heist wasn't discovered until store employees arrived for work Monday morning.

The owner told The Associated Press the loss was around $20 million, and that they did not have insurance.

An unknown number of suspects fled through the same hole and drove off in a late model Chevy truck, he said.

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Article Details

Author / Journalist: Jaimie Ding, The Associated Press

Category: EconomyBusiness

Markets: United States

Topics: Crime Los Angeles Theft Jewelry

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-16 @ 11:34:02 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 304 words

Reading Time: 2 minutes read

Sentences: 4 lines

Sentence Length: 76 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27948254

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About Fortune

Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 37 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 14 hours ago

Coverage Areas: United States

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