Gold Bars Worth EUR 450,000 Robbed From Pensioner By Fake Cops
FXStreet - Feb 19, 2015
A curious and sad story broke last night about a pensioner in Paris who had €450,000 worth of gold bars stolen from his home by con-artists posing as police officers.
The criminals arrived at his home claiming to investigate a gold robbery according to Agence France Presse. The pensioner was asked if he had gold bullion and he told them that he did and allowed them into his home to inspect it.
While one of the robbers distracted the 69-year old with paper work the other stole his gold – 13 bars, each weighing 1 kilogram or 32.15 ounces each with a total value of €450,000.
The story lacks details but if it proves to be true then it is a cautionary tale for owners of gold who take possession.
We have no details as to why he may have been targeted. It is unlikely that he was selected at random. The thieves must have had some information regarding his affairs. It highlights how discretion is of utmost importance when buying gold.
