$6M in Jewelry Stolen in New Year's Eve Heist

While 7,000 police officers were blocks away in Times Square
By Michael Harthorne,  Newser Staff
Posted Jan 3, 2017 4:29 PM CST
$6M in Jewelry Stolen in New Year's Eve Heist
Two of the three men who allegedly stole $6 million in jewelry on New Year's Eve.   (NYPD)

While 7,000 police officers kept a watchful eye on revelers ringing in the new year in Times Square, three men pulled off a major jewelry heist just blocks away, WGO reports. According to USA Today, police say three men entered a Manhattan building around 10pm New Year's Eve. At midnight—possibly using noise from New Year's celebrations as cover—they allegedly broke into the offices of a jewelry wholesaler and made off with $6 million in jewelry from two safes. Police believe the burglary was an inside job, as the suspects didn't need to force their way into the safes; they were already open, the New York Daily News reports.

Police released video—taken just before the men destroyed the surveillance cameras—on Monday. The suspects are still on the loose. Police say the suspects stole rings, bracelets, and necklaces from jewelry designer Gregg Ruth. Rings on his website sell for up to $62,000. (Read more jewelry theft stories.)

We use cookies. By Clicking "OK" or any content on this site, you agree to allow cookies to be placed. Read more in our privacy policy.
Get the news faster.
Tap to install our app.
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.