Jewelry Potentially Worth Millions Stolen in London Heist

BBC News reported that up to 70 deposit boxes were opened after burglars gained entry to London-based Hatton Garden Safe Deposit Ltd. this past weekend. It’s possible that jewelry worth up to 200 million pounds was stolen during the raid.

As quoted in the market news:

Officers said a ‘slow and painstaking process’ of forensically examining the scene was under way.

The Met, which has not yet commented on the worth of the jewellery stolen, said it was ‘photographing the scene and recovering exhibits in meticulous detail’.

It said the burglars used heavy equipment to break into a vault used mainly by jewellers and gold dealers.

A spokesman said: ‘Officers are working closely with Hatton Garden Safe Deposit Ltd to establish the identities of those affected.

‘Police will be contacting victims directly as and when they are identified.’

BBC News correspondent Daniel Sandford said: ‘There is still a concern that the thieves may have had some kind of inside knowledge. For example, the brand new alarm system which had just been fitted in the building had not yet been switched on.’

Click here to read the full BBC News report.