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Israeli, Belgian Police Track Down Suspect in $1M Diamond Theft


Post Date: 26 Oct 2010    Viewed: 532

Police in Israel and Belgium have successfully tracked down a man suspected of stealing 120 diamonds worth approximately $1 million, Ha'aretz reports.




The suspect, whose name has not been released, was employed at an Antwerp diamond company. After allegedly stealing the stones earlier this year, he left Belgium for the Netherlands. According to the report, he then sold nine of the diamonds illegally.




From Amsterdam, the man reportedly traveled to Paris, where Belgian police found him – but not the remaining diamonds, which had been pickpocketed.




In April 2010, the Gemological Institute of America (GIA) received a shipment of 45 diamonds sent from Israel. When the laboratory's analysts identified the stones as part of the lot of diamonds stolen in Antwerp, they notified authorities in Belgium and Israel.




Israeli and Belgian police then searched the home of the person who sent the diamonds to the GIA, who according to the Ha'aretz report, is a member of the Israeli diamond bourse. The search turned up an additional 19 diamonds and paperwork indicating that the suspect had sold other stolen diamonds to a Hong Kong dealer.




The bourse member fingered the man whom he said had sold him the diamonds, who sent the police to another Israeli who said he had bought the stolen Antwerp diamonds in Paris.

 


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