HATTON HEIST: Hatton Garden, London’s diamond district, was the target of a heist over the long Easter weekend, London’s Metropolitan Police confirmed on Wednesday. They said burglars used heavy equipment to open a storage vault used by jewelers, gold dealers, and private individuals, and raided a number of safe deposit boxes. Police would not confirm the value of the jewelry stolen.
A spokeswoman told WWD: “The Flying Squad is investigating, and detectives are currently at the scene. Officers are working closely with Hatton Garden Safe Deposit Ltd., and we’re working with forensics at the moment.”
Located near the City of London, Hatton Garden has been a locus of diamond merchants and jewelers since the late 19th Century, and is lined with unbranded family-run retail shops, workshops and businesses. It is the largest hub of retail jewelry in the U.K.
The last major London jewel heist occurred in 2003 when the Hatton Garden Safe Deposit Ltd. was hit, and jewelry, cash and items worth more than $2 million was stolen.