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A $1 Billion Smash And Grab

November 26, 2019

Here is a really sad story.  This week jewels, estimated to be worth in excess of $1B, were stolen from the Green Vault museum in Dresden, Germany.  What makes this even sadder is that the museum was not insured.

It appears that the thieves first set fire to an electrical junction box, then cut through a metal grate, smash a window, shattered the display cases, grab the jewels, and ran.  The whole theft took place in about 20 minutes — a really big smash and grab!

Source: After $1 Billion Theft, German Museum Finds It Has No Insurance – Bloomberg

Source:‘Up to a billion euros’ of jewels and antiques stolen from Dresden museum