Love Jewels, a family-owned jewelry store in Los Angeles, suffered a devastating loss after thieves executed a highly coordinated heist, stealing an estimated $20 million in gold jewelry. The burglars reportedly tunneled through multiple layers of concrete to access the store, leaving the owners “penniless.”
According to LAPD Officer David Cuellar, the suspects entered the shop by drilling through a three-foot brick wall from an adjacent vacant building. “They tunneled through multiple levels of concrete into the target location,” Cuellar said. After completing the robbery, they escaped the same way they came in, fleeing the scene in a Chevy truck. No surveillance footage was captured, as the store’s security systems had been disabled.
“They were able to disable the cameras, disable the alarm, and they were able to get into both the safes,” the store owner’s son told Fox 11. “They probably had five, six hours in here.”
The jewelry, which was not insured, had been accumulated over more than two decades. “It took over 20 years for my father to accumulate all that, and overnight it was all taken,” the son said. “Mostly just gold—chains and bracelets. We specialize in gold, and with the price of gold at an all-time high, it’s a bad hit. I was telling them, ‘Let’s get out of the business.’”
The emotional toll on the family is immense. “In the gold business, you reinvest everything, so all our money was what was in the safe,” the son explained, with his father adding, “We’re penniless. Literally penniless.”
As of now, no arrests have been made, and LAPD continues to investigate the elaborate break-in.
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