Overview

• Chilean police recovered six watches—valued at $125,000 and including an engraved Rolex—during earlier raids in Santiago.
• The FBI accepted custody of the timepieces on July 29 after Chilean authorities confirmed Reeves had identified them as stolen from his Hollywood Hills home.
• U.S. Homeland Security Secretary Kristi Noem was visiting Chile to discuss transnational crime when the handover was announced.
• The recovery forms part of a broader investigation into a South America-based burglary ring that has targeted multimillion-dollar U.S. residences.
• Chilean police arrested 23 suspects in April and continue to investigate links between Reeves’s stolen watches and other high-profile burglaries.