Overview
- The burglary occurred Sunday night when thieves tunneled through a concrete wall from an adjacent vacant building into Love Jewels in downtown Los Angeles.
- The suspects spent five to six hours inside, disabling security systems and breaching two safes containing cash, gold bars, and jewelry.
- Initial estimates placed the loss at $10 million, but the store owners claim the value of stolen goods exceeds $20 million.
- The FBI has joined the LAPD in investigating the heist, focusing on forensic evidence like fingerprints and DNA, but no arrests have been made yet.
- Love Jewels, a family-run business with no insurance for the stolen items, has offered a $100,000 reward for information leading to the culprits.