by René M. Du Terroil, ARCA Contributor

The English-language press (copied in after the links to the story) inaccurately reported many of the facts.

The pieces were stolen from a Spanish jeweler in what is known as a "rip" where a jeweler is offered an exaggerated price for his merchandise with the proviso that he perform some type of under-the-table cash deal. This initial exchange goes through flawlessly, at considerable profit for the mark. Some time later the scammers approach the mark with a similar proposition, but for a larger amount of money (and thus a larger return for the mark). His confidence and greed inspired by the previous deal, the merchant agrees — only to have his money and goods taken, by sleight-of-hand or violence, at the point of exchange.

The Carabinieri and Spanish police had been working together for some time, and phone taps and Interpol were involved. Although 8 members of the gang were identified and arrest warrants issued, only one was apprehended in the Milan hotel. Several of the others were already arrested in Spain.  The jewels were recovered when the suspect left his hotel room and he was arrested later. Apparently many of the Serbian - Gypsy/Romanian families engaged in this activity live in the area.