3 Suspects in Beverly Hills Smash-and-Grab Robbery Arrested
A total of four suspects are now in custody with police still on the lookout for the remaining two.

On the afternoon of March 22, officers responded to reports of a robbery at Luxury Jewels of Beverly Hills.
Six suspects, all wearing masks and hooded sweatshirts, exited a vehicle with axes, sledgehammers, and crowbars in hand, said the BHPD in a Facebook post.
The tools were used to smash the storefront window and grab several pieces of high-end jewelry. The suspects then sped away in a second getaway car.
Store owner Peter Sedghi told KTLA he pushed the panic button and instructed his staff to get down on the floor. He did not provide an exact loss amount but said it could be up to millions of dollars.
After collecting evidence, including video surveillance from private and public cameras, the investigators were able to identify the getaway vehicle and the suspects involved, said BHPD.
The BHPD coordinated with the Federal Bureau of Investigation and the U.S. Attorney’s Office to secure arrest warrants for three of the suspects.
On Sept. 21, the BHPD and FBI tactical teams arrested two suspects in Long Beach, California, including a juvenile.
During the arrest of the adult suspect, police uncovered a 9mm handgun and a high-capacity magazine.
A third suspect from Gardena, California, was arrested overnight by California Highway Patrol Officers during a traffic stop in Barstow.
A fourth suspect was already in custody for an unrelated offense.
Evidence connecting the suspects to the robbery was found during the tactical operations, said BHPD.
In a video on its Facebook page, Chief Mark Stainbrook said, “BHPD will tirelessly pursue every lead in order to bring criminals to justice. We will not tolerate crime in our city.”
The investigation is ongoing and will not conclude until the remaining suspects have been arrested and booked, said BHPD.
The Latest

Sponsored by American Gem Trade Association

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

Lucara Diamond Corp., which recovered the “Motswedi” diamond from the Karowe mine, sold the stone for an undisclosed amount.


The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.

The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

The gemstone supplier and manufacturer acquired the remarkable 104-gram Zambian emerald at Gemfields’ auction in May.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Longtime industry executive Beth Miller has taken on the role.

The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.

QVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.

The brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.

Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.

Sponsored by Stratus Estate Buyers

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.

Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.

Etsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.

The “Star Gazer” pendant, our Piece of the Week, is Syna’s tribute to curiosity and the discovery of something new.

Museum officials are looking to the public to help cover the “exceptional” costs involved in recovering from the July 5 smash-and-grab.

The overhaul includes enhanced employee safety training and trendy earring styles, including lab-grown diamond studs.






















