Support The Moscow Times!

$50 Million Heist

Assailants stole as much as $50 million of luxury goods from businessman Alexander Tarantsev’s home during a nighttime raid on his compound near Moscow, his holding company, Russian Gold, said Friday.

The robbers took diamonds, antiques and paintings by Russian artists including Ilya Repin and Ivan Shishkin.

Four armed and masked men infiltrated the walled property early Thursday, while Tarantsev was abroad, after tying up security guards, said Anna Zuyeva, a spokeswoman for the police in the Moscow region.

Investigators believe that about $20,000 in cash was taken from a safe in the house, though they have no information about the stolen goods, Zuyeva said.

(Bloomberg)


Read more