Nearly $150 million in jewelry, other valuables stolen in Brink's truck robbery in Los Angeles area
LOS ANGELES -- Jewelry and other valuables worth potentially up to $150 million were stolen from an armored truck recently in Southern California.
Multiple exhibitors had merchandise on the truck and many of them have lost their life savings. Insurance is expected to only cover a fraction of their losses.International Gem and Jewelry Show. Duke said stolen items include gold jewelry, diamonds and high-end watches. Some of the merchandise has engraved serial numbers and may be trackable.
Brink's issued a statement that read in part:"According to the information the customers provided to us before they shipped their items, the total value of the missing items is less than $10 million. We are working with law enforcement and we will fully reimburse our customers for the value of their assets that were stolen, in accordance with the terms of our contract."
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