Man wanted over €10m jewellery theft
Police are searching for a 54-year-old man after the reported theft of jewellery worth nearly €10 million, according to a complaint filed with the Limassol police on Tuesday. The owner of a foreign jewellery company told police he had handed over jewellery valued at €9.882 million to the suspect for sale to potential buyers. The two men had reportedly worked together in the past. A meeting had been arranged on Monday evening for the suspect to provide an update on the sales.
Authorities in Limassol are seeking a 54-year-old man in connection with a significant jewelry heist. A representative from a foreign jewelry firm reported that the suspect was entrusted with items valued at approximately €9.88 million for the purpose of selling them to prospective clients. The owner and the accused have a history of prior business dealings. A meeting was scheduled for Monday evening so the suspect could report on the progress of the sales, but he failed to appear and became unreachable.
This incident highlights the risks involved in consignment sales and the potential for substantial financial losses in the high-value jewelry trade.
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