NSW police call for help after $1m in silver bullion stolen from truck

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NSW police call for help after $1m in silver bullion stolen from truck
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NSW police are investigating whether inside information may have been factor in heist of almost 200 individual 5kg silver bars

Silver bars in Singapore’s Silver Bullion vault in 2019. Almost 200 silver bars worth more than $1m have disappeared from a truck travelling from Sydney to Melbourne. Police are investigating whether inside knowledge may have facilitated the heist.Silver bars in Singapore’s Silver Bullion vault in 2019. Almost 200 silver bars worth more than $1m have disappeared from a truck travelling from Sydney to Melbourne. Police are investigating whether inside knowledge may have facilitated the heist.

NSW police say 192 individual 5kg silver bars were stolen from a truck which left NSW on a Friday afternoon last month and arrived in Melbourne at 8am the following Monday.It’s an unusual kind of theft, Det Acting Supt Paul Smith, who is the Robbery and Serious Crime Squad Commander, told reporters on Tuesday.“Certainly we don’t want to see it become a trend, hence why we’re deploying a lot of resources and time to catch those involved.

Police want anyone who has been approached by someone trying to sell large amounts of silver to come forward.The silver bullion is estimated to be worth $1,015,000. There are no suspects but police have several lines of inquiry, including whether people who had inside knowledge about the consignment may have been involved.The security arrangements around the transportation of the silver are not a matter for police, Smith said, but the driver is helping with the inquiry.

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