WEBVTT - 2: Thick as Thieves

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<v Speaker 1>My name is Zavikonnen.

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<v Speaker 2>I am former police officer, was working in Paris and

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<v Speaker 2>was in charge the highest robberies of jewelries in Paris.

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<v Speaker 2>So I've been in the police during twenty five year.

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<v Speaker 3>Captain ervekon Nan was the lead investigator on multiple robberies

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<v Speaker 3>by the Pink Panthers in Paris starting in the early

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<v Speaker 3>two thousands. He saw firsthand how a group of Serbian

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<v Speaker 3>jewel thieves turned themselves into a global brand.

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<v Speaker 2>The name of Pink Panthers was given after the robbery

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<v Speaker 2>in London after the graft.

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<v Speaker 3>Robberies back in two thousand and three, two men in

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<v Speaker 3>expensive suits entered a Graph jewelry store on New Bond

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<v Speaker 3>Street in London's West End. One of them was wearing

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<v Speaker 3>a conspicuous black wig that a security guard later said

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<v Speaker 3>looked like a cat. It was the middle of the

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<v Speaker 3>day and this luxury shopping district was full of people. Suddenly,

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<v Speaker 3>one of the men pulled out a gun, the other

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<v Speaker 3>a hammer. Three minutes later, the pair walked out into

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<v Speaker 3>the busy London streets with over thirty million dollars worth

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<v Speaker 3>of diamonds. Graphs sell some of the world's most exclusive,

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<v Speaker 3>expensive jewelry and high end watches. This was the first

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<v Speaker 3>time the Pink Panthers had targeted them, but the Panthers

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<v Speaker 3>would develop a taste for what Graph offers and would

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<v Speaker 3>return to them when they struck the Waffy Mall in Dubai. Now,

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<v Speaker 3>most of the jewels from this first Graph heist were

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<v Speaker 3>never recovered, but at least one was.

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<v Speaker 2>The name of Pink Panthers was given by the newspapers

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<v Speaker 2>in England because our colleagues in London they found diamonds

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<v Speaker 2>in a pot of cream.

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<v Speaker 1>Cream.

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<v Speaker 3>It was a jar of face scream and inside police

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<v Speaker 3>found a blue diamond worth seven hundred and fifty thousand dollars.

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<v Speaker 3>The thieves had left it behind when they made their

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<v Speaker 3>escape from London.

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<v Speaker 2>Okay, the fun of diamonds and it was a reference

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<v Speaker 2>to a movie, Pink Panther, and so the name was

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<v Speaker 2>given to this gang.

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<v Speaker 1>At this time.

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<v Speaker 3>It was something right out of the classic Peter Sellers

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<v Speaker 3>movie Return of the Pink Panther. The name given by

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<v Speaker 3>the British press stock media across Europe just loved it.

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<v Speaker 3>But this was not the first time the newly branded

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<v Speaker 3>Pink Panthers had struck. In fact, the Pink Panthers was

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<v Speaker 3>simply a new label for a vast underworld network that

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<v Speaker 3>was already running like a well oiled machine, and vlad

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<v Speaker 3>and Lazarevich, b Yana Mitch and Milan Lipoya were just

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<v Speaker 3>three of its latest recruits. I'm Natalia Antalava. I'm a

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<v Speaker 3>journalist based in Eastern Europe, and I'm going to take

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<v Speaker 3>you into the world of Serbia's most brazen jewel thieves.

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<v Speaker 4>The most daring and successful diamond thieves in the world.

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<v Speaker 5>Thirty to forty seconds in.

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<v Speaker 6>Out They've stolen half a billion dollars worth of valuables.

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<v Speaker 3>Two well dressed men strolled into an exclusive jewelry store

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<v Speaker 3>in London and walked out with sixty six million dollars

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<v Speaker 3>in jewels. They called the Pink pantherst They're a loosely

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<v Speaker 3>connected group of over educated, underemployed, ambitious young people who

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<v Speaker 3>rose from the ashes of the Yugoslav Wars of the

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<v Speaker 3>nineteen nineties to commit elaborate smash and grab heists all

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<v Speaker 3>across the globe, often in broad daylight. This is infamous

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<v Speaker 3>international The Pink Panthers Story Episode two, Thick as Thieves.

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<v Speaker 3>Last time we heard how three young Serbian thieves had

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<v Speaker 3>traveled to Dubai from Eastern Europe in two thousand and seven.

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<v Speaker 3>The mastermind Mladen Lazarevich, the team's logistics lead, and Laden's

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<v Speaker 3>girlfriend Boyana Mitch and their friend Milan Li Poya. The

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<v Speaker 3>team had spent weeks in preparation for a robbery that

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<v Speaker 3>would make them all rich and famous. They drove two

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<v Speaker 3>Audi Sedans through the doors of the Waffy Mall and

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<v Speaker 3>straight into the Graph Jewelry store, making off with over

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<v Speaker 3>three million dollars worth of jewels, all in under a minute.

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<v Speaker 3>The heist was caught on cell phone video and posted

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<v Speaker 3>online within days. The Ping Panthers were a worldwide sensation,

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<v Speaker 3>but Conan of the Paris Police was well acquainted with

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<v Speaker 3>the Panthers long before Dubai, even before the British papers

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<v Speaker 3>gave them a name. In two thousand and one, they

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<v Speaker 3>had pulled off an ingenious robbery at one of the

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<v Speaker 3>most high jewelers in Paris called Boucheron.

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<v Speaker 7>They have attacked Beauchamp, the jewelry on the place b

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<v Speaker 7>Loom and they attack the main windows.

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<v Speaker 2>In fact, it was in the morning, very early.

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<v Speaker 1>The shop was still closed.

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<v Speaker 7>Okay, but the jewelries were still visible from outside.

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<v Speaker 3>Millions of dollars of jewels sitting on display right behind

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<v Speaker 3>the front window of a closed shop. It seems like

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<v Speaker 3>it's inviting trouble. But the store had a very special

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<v Speaker 3>security system.

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<v Speaker 7>It is a specific glasses, very sophisticated. It resists when

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<v Speaker 7>you eat the window with the ammer or axis. But

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<v Speaker 7>if the departure is very high the glass, you can

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<v Speaker 7>break it. So they burn, in fact, the windows with

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<v Speaker 7>I don't know if the name in English, with a

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<v Speaker 7>big flame.

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<v Speaker 3>It was a blowtorch. The thieves knew what they were

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<v Speaker 3>up against, and they had planned accordingly. They hid the

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<v Speaker 3>glass until it's brutal, neutralizing the security feature.

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<v Speaker 7>So they break the window like this, and they have

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<v Speaker 7>took an egglace in the jewry. It was maybe three millions.

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<v Speaker 5>It's very very smart.

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<v Speaker 2>It was like in a movie.

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<v Speaker 3>It was just like a movie. It's almost like that

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<v Speaker 3>was their intention.

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<v Speaker 8>I always thought that the most important part of their

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<v Speaker 8>exploits was this part of them being media said, you

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<v Speaker 8>hear these guys out there interested in their image, you know,

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<v Speaker 8>interested in the way how public perceives them.

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<v Speaker 3>The misvoint of is a Serbian film scholar who wrote

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<v Speaker 3>a film about the Being Panthers. For him, the Panthers'

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<v Speaker 3>style was clearly inspired by popular movies and television.

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<v Speaker 8>In a very same way John Dillinger appeared after a

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<v Speaker 8>very long stint in prison, you went to cinema in

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<v Speaker 8>order to learn to speak again. So he used to

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<v Speaker 8>mimic dialogue for films. And I think that Pink Panthers

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<v Speaker 8>are a lot like Dillager. You know, their actions resemble

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<v Speaker 8>a lot of films using masks or some kind of

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<v Speaker 8>disguise that's from Mission Impossible.

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<v Speaker 1>You know.

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<v Speaker 8>It's a very curious thing, you know about how media

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<v Speaker 8>and movies informed.

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<v Speaker 3>This, and journalists have made that connection as well.

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<v Speaker 5>We've seem so many fun heist films.

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<v Speaker 9>We love a complicated crime that is well executed, and

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<v Speaker 9>apparently they do too. My name is Eric Pape. I'm

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<v Speaker 9>a longtime investigative reporter. I've worked extensively for Newsweek magazine,

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<v Speaker 9>The Daily Beast that I've written for Vid Debray publications

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<v Speaker 9>around the world.

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<v Speaker 3>Eric Pape was based in Paris, where he first started

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<v Speaker 3>covering the Panthers in the late two thousands.

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<v Speaker 9>I started writing about the Pink Panthers almost fifteen years ago.

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<v Speaker 9>They very much capture something in the popular imagination.

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<v Speaker 3>Pay reported on a number of the Pink Panthers heists

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<v Speaker 3>and some of the details struck him as especially creative.

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<v Speaker 9>Police this may be one of my favorites talked about

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<v Speaker 9>the four busty ladies who entered the Henry Winston jewelry

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<v Speaker 9>shop in Paris, threw out a magnum and a grenade,

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<v Speaker 9>and then they escaped with about one hundred million dollars

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<v Speaker 9>in jewelry. Police said that they believed it was Pink

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<v Speaker 9>Panthers in drag.

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<v Speaker 3>For the Panthers, plenty of heist is similar to making

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<v Speaker 3>a movie. Everyone has their part, their costume, They spend

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<v Speaker 3>weeks rehearsing, and on the day of the robbery it's

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<v Speaker 3>time to perform. Eric Paper calls another Panther heist where

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<v Speaker 3>distracting woodrobe choices play the key role.

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<v Speaker 9>I believe it was in two thousand and five and

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<v Speaker 9>it was in Centrope on the Mediterranean coast.

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<v Speaker 5>You would think they might want to dress in the

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<v Speaker 5>most mundane.

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<v Speaker 9>Clothes imaginable to blend in, but instead they dressed in

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<v Speaker 9>these loud, very tacky tourist T shirts and they went

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<v Speaker 9>into a store right near the waterfront.

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<v Speaker 5>Streets were thronged with tourists. That's something that they often do.

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<v Speaker 5>They often use.

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<v Speaker 9>Masses of people or traffic as a cover because a

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<v Speaker 9>you can try to blend in afterwards, you can change

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<v Speaker 9>out of that flashy T shirt, for example, but also

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<v Speaker 9>the traffic and all the people make it hard for

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<v Speaker 9>police to respond. So they basically walked through the tourist

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<v Speaker 9>bron streets that were impassable to cars, and they got

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<v Speaker 9>in a waiting speedboat.

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<v Speaker 3>A speedboat like something out of James Bond or maybe

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<v Speaker 3>the Italian Job.

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<v Speaker 5>It's brazen and very well thought through.

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<v Speaker 9>At the same time, if they just went in looking

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<v Speaker 9>like a couple of normal people like me and they left,

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<v Speaker 9>then would we be talking about them?

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<v Speaker 3>These early highs show how big patners develop a signature style,

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<v Speaker 3>the one that reflects a deliberate use of drama and misdirection.

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<v Speaker 9>They have made a tactical decision to draw attention to themselves.

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<v Speaker 9>It's kind of an interesting thing if you think about it.

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<v Speaker 9>The idea of having flashy when you want attention and

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<v Speaker 9>switching to to nondescript when you need to Everything is

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<v Speaker 9>thought through quite brilliantly.

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<v Speaker 5>It's almost like a magician.

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<v Speaker 9>The magician wants you looking somewhere, and they don't want

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<v Speaker 9>you looking somewhere else. And they have given so much

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<v Speaker 9>thought to what it's going to grab your attention and

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<v Speaker 9>what is going to not And in this case, the

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<v Speaker 9>you is all of the different witnesses.

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<v Speaker 5>Who are likely going to end up speaking to authorities.

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<v Speaker 9>So to me, it just gets at something really well crafted.

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<v Speaker 3>Crazy costumes, expensive cars, speedboats, all of it designed to

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<v Speaker 3>distract onlookers from the actual crime.

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<v Speaker 5>They want the wow factor.

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<v Speaker 9>And so I think strangely, by being extremely visible, by

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<v Speaker 9>dressing up these big, strong men, dressing up as women,

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<v Speaker 9>by doing all of these things that we associate with

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<v Speaker 9>being Panther films, with James Bond films, with countless heist films,

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<v Speaker 9>I think it actually makes it very very hard to

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<v Speaker 9>catch them, because it's not just someone walking in with

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<v Speaker 9>a gun saying this is a robbery and then running

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<v Speaker 9>away or jumping in a car. It's something so much

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<v Speaker 9>less probable than that that authorities would have a very

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<v Speaker 9>hard time predicting every one of these wild and crazy

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<v Speaker 9>crimes that they seemed to have committed.

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<v Speaker 3>Captain Irve Konnan of the Paris Police says, these early

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<v Speaker 3>years we're a kind of golden age for the Panthers.

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<v Speaker 7>Between two thousand and two thousand and seven, they had

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<v Speaker 7>a fantastic opportunity to rub everywhere in the world because

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<v Speaker 7>you were able to travel.

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<v Speaker 5>With false passport or for spassport.

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<v Speaker 1>It was easy.

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<v Speaker 7>You had no DNA, the TV was very bad and

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<v Speaker 7>sometimes did not exist, and Montenegro and Serbia there were

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<v Speaker 7>a lot of corruption in these countries, so they know

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<v Speaker 7>that as soon as they were in that country they

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<v Speaker 7>were not in danger. So there are ten years it

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<v Speaker 7>was open bar.

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<v Speaker 5>They were able to do everything they want in the world.

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<v Speaker 3>An open bar everywhere in the world. And though there

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<v Speaker 3>was no way to predict where the Pink Panthers would

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<v Speaker 3>strike next, their targets all shared a specific profile. Anywhere

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<v Speaker 3>the rich and famous gathered and shocked. They hit London,

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<v Speaker 3>Paris and Liechtenstein, Monaco and ski resorts in the French Alps.

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<v Speaker 3>And as their ambitions grew, so did the distance the

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<v Speaker 3>Panthers were willing to travel.

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<v Speaker 1>One was the guy we arrested.

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<v Speaker 7>We had wire tape on him and we understood that

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<v Speaker 7>he traveled in Japan, and after that we found picture

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<v Speaker 7>where he's in Japan with his girlfriend, so he was

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<v Speaker 7>going there to check if he was able to make

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<v Speaker 7>a robbery.

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<v Speaker 1>They were traveling everywhere in the world, and two major robberies.

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<v Speaker 7>Were committed in Tokyo by them, two major robberies.

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<v Speaker 4>So the pig Panther thing is kind of legendary in

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<v Speaker 4>Japan because it was one of the first international jewel

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<v Speaker 4>heights ever in the country.

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<v Speaker 3>Jake Adelstein is an investigative journalist who has been covering

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<v Speaker 3>crime and for thirty years. He literally wrote the book

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<v Speaker 3>on it. His memoir Tokyo Vice became a major TV

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<v Speaker 3>series he remembers one of these panther heists.

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<v Speaker 4>So, first of all, the crime took place in Kinza,

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<v Speaker 4>which is one of the most expensive places in Tokyo.

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<v Speaker 4>Even now, it's loaded with these high end shops like

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<v Speaker 4>Uivatan shops and Channel shops and Bulgary and these luxury

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<v Speaker 4>brands that are high end and the Japanese people of

0:13:25.240 --> 0:13:28.360
<v Speaker 4>certain wealth really love, and so it's also a place

0:13:28.360 --> 0:13:30.200
<v Speaker 4>where a very expensive high end jewelry.

0:13:30.280 --> 0:13:33.280
<v Speaker 3>It's May two thousand and seven, just two months after

0:13:33.360 --> 0:13:37.200
<v Speaker 3>the heist at the Wafimont. Two panthers arrived at Tokyo's

0:13:37.280 --> 0:13:41.480
<v Speaker 3>Narita Airport with their sites on a particularly valuable piece

0:13:41.480 --> 0:13:47.560
<v Speaker 3>of jewelry, a diamond encrusted tiara. They've given themselves two

0:13:47.600 --> 0:13:51.280
<v Speaker 3>months to put a plan in place. They study the

0:13:51.320 --> 0:13:54.960
<v Speaker 3>area carefully and decide to approach the story they've targeted

0:13:55.120 --> 0:13:58.920
<v Speaker 3>on bicycles Towards the end of the workday. The streets

0:13:58.960 --> 0:14:01.400
<v Speaker 3>will be crowded and they'll easily blend in.

0:14:02.080 --> 0:14:05.280
<v Speaker 4>It's five pm on June fourteenth. First came this guy

0:14:05.280 --> 0:14:07.960
<v Speaker 4>in wearing a suit, and then came another guy in

0:14:08.000 --> 0:14:10.839
<v Speaker 4>a white mask almost immediately after him. He shot the

0:14:10.880 --> 0:14:13.640
<v Speaker 4>tear gas in the faces of the clerks. They stole

0:14:13.840 --> 0:14:16.960
<v Speaker 4>this tierra and a necklace and other things worth about

0:14:17.240 --> 0:14:19.440
<v Speaker 4>the tier itself was worth like two million dollars, and

0:14:19.440 --> 0:14:21.440
<v Speaker 4>then they sold a necklace and other things were probably

0:14:21.440 --> 0:14:24.120
<v Speaker 4>worth maybe close to a million dollars. And they did

0:14:24.160 --> 0:14:28.200
<v Speaker 4>it all in about thirty two seconds. Thirty two seconds

0:14:28.720 --> 0:14:31.880
<v Speaker 4>they entered, they broke into it, they stole the stuff,

0:14:31.920 --> 0:14:33.880
<v Speaker 4>they were out of there within thirty two seconds, which

0:14:33.920 --> 0:14:34.800
<v Speaker 4>is kind of amazing.

0:14:38.520 --> 0:14:41.520
<v Speaker 3>This kind of thing never happens in Japan. The Tokyo

0:14:41.560 --> 0:14:43.280
<v Speaker 3>police are totally taken aback.

0:14:43.640 --> 0:14:45.760
<v Speaker 4>So the Japanese police were kind of baffled by this

0:14:45.840 --> 0:14:48.640
<v Speaker 4>crime because they came in fast and they left very fast,

0:14:48.760 --> 0:14:50.960
<v Speaker 4>and this was the time before Japan was covered in

0:14:51.160 --> 0:14:53.840
<v Speaker 4>closed circuit TV, so there wasn't great footage of these guys.

0:14:53.960 --> 0:14:56.760
<v Speaker 4>They didn't leave any fingerprints behind, even though they were

0:14:56.760 --> 0:14:59.520
<v Speaker 4>not wearing gloves, which really surprised anybody, and all they

0:14:59.520 --> 0:15:01.560
<v Speaker 4>did was take the merchandise they are aiming for.

0:15:01.840 --> 0:15:05.040
<v Speaker 3>But since the Waffi mol heist in Dubai, the Panther

0:15:05.200 --> 0:15:09.680
<v Speaker 3>brand of robbery had become all too familiar for law enforcement,

0:15:10.240 --> 0:15:13.920
<v Speaker 3>and the Tokyo police immediately have their suspicions.

0:15:15.280 --> 0:15:17.320
<v Speaker 4>From the very beginning, they suspected that these might be

0:15:17.400 --> 0:15:18.360
<v Speaker 4>members of the Pink Panther.

0:15:19.760 --> 0:15:23.440
<v Speaker 3>They also have one small bit of evidence. The thieves

0:15:23.520 --> 0:15:26.560
<v Speaker 3>dumbed the empty can of tear gas not far from

0:15:26.600 --> 0:15:27.960
<v Speaker 3>the jewelry store.

0:15:27.920 --> 0:15:30.000
<v Speaker 4>So they decided to go with the can of tear

0:15:30.040 --> 0:15:31.840
<v Speaker 4>gas and see what they could find. But they found

0:15:31.840 --> 0:15:34.160
<v Speaker 4>out that the spray was a mass market animal repellant,

0:15:34.160 --> 0:15:36.160
<v Speaker 4>which used in France to scare of wild dogs and

0:15:36.200 --> 0:15:36.960
<v Speaker 4>other animals.

0:15:37.320 --> 0:15:39.840
<v Speaker 3>This one clue is enough to convince them that the

0:15:39.920 --> 0:15:43.960
<v Speaker 3>crime is international in nature and that is enough to

0:15:44.080 --> 0:15:44.960
<v Speaker 3>bring an INTERPOL.

0:15:45.200 --> 0:15:49.120
<v Speaker 4>The Japanese police are incredibly good at cooperating with Interpol

0:15:49.160 --> 0:15:51.680
<v Speaker 4>and working with them even with the language barrier, and

0:15:51.720 --> 0:15:54.520
<v Speaker 4>making sure that the crime is perpetrated on Jepanesy soil,

0:15:54.760 --> 0:15:56.960
<v Speaker 4>and they want to capture the person. They're dedicated and

0:15:56.960 --> 0:15:59.120
<v Speaker 4>they spend lots of manpower in hours and they will

0:15:59.160 --> 0:16:02.880
<v Speaker 4>send people overseas to help gather the information to put

0:16:02.920 --> 0:16:03.680
<v Speaker 4>together the case.

0:16:04.080 --> 0:16:07.000
<v Speaker 3>With the help of INTERPAL, Japanese authorities are able to

0:16:07.080 --> 0:16:10.280
<v Speaker 3>track the serial number and they can to a military

0:16:10.360 --> 0:16:14.720
<v Speaker 3>surplus store in Marseille in the south of France. Meanwhile,

0:16:14.800 --> 0:16:18.080
<v Speaker 3>Tokyo police are able to piece together the timeline of

0:16:18.120 --> 0:16:18.680
<v Speaker 3>the heist.

0:16:19.640 --> 0:16:21.840
<v Speaker 4>So what the police were able to put together is

0:16:21.880 --> 0:16:25.080
<v Speaker 4>that they came in at five pm thirty two seconds.

0:16:25.080 --> 0:16:28.080
<v Speaker 4>They had stolen everything that they needed. They hopped on

0:16:28.240 --> 0:16:32.200
<v Speaker 4>bicycles about four hundred meters away. They threw away the

0:16:32.240 --> 0:16:35.680
<v Speaker 4>tear gas, They dropped the bicycle, They got in a car.

0:16:35.960 --> 0:16:38.320
<v Speaker 4>They took apart the tierra. They took off all the

0:16:38.400 --> 0:16:40.800
<v Speaker 4>diamonds what they couldn't use from the tier. They flushed

0:16:40.840 --> 0:16:43.400
<v Speaker 4>on the toilet. Then they headed in the Reda airport

0:16:43.720 --> 0:16:51.000
<v Speaker 4>and left. There is a possibility that they met with

0:16:51.080 --> 0:16:54.640
<v Speaker 4>the mistress of an Italian jewelry dealer before they left

0:16:54.680 --> 0:16:57.400
<v Speaker 4>and made a transaction there, But that's what police were

0:16:57.400 --> 0:16:58.240
<v Speaker 4>able to put together.

0:16:58.480 --> 0:17:02.760
<v Speaker 3>The Japanese authorities, together with Interpol, embark on an international

0:17:02.800 --> 0:17:08.320
<v Speaker 3>manhunt using global intelligence gathering and surveillance, and their diligence

0:17:08.400 --> 0:17:11.959
<v Speaker 3>pays off. One suspect is caught in two thousand and

0:17:12.080 --> 0:17:16.720
<v Speaker 3>nine in Cyprus, the other in twenty ten in Rome.

0:17:17.200 --> 0:17:23.879
<v Speaker 3>The jewels themselves were never recovered, but the details of

0:17:24.000 --> 0:17:28.560
<v Speaker 3>how these Pink Panthers dismantled the highly recognizable tiara into

0:17:28.640 --> 0:17:32.719
<v Speaker 3>loose stones points to another hallmark of the Pink Panther brand.

0:17:33.480 --> 0:17:35.800
<v Speaker 3>Not only do they know how to steal a two

0:17:35.880 --> 0:17:39.679
<v Speaker 3>million dollar piece of jewelry, they know how to sell it.

0:17:54.000 --> 0:17:56.360
<v Speaker 10>Now, let's talk about what you do if you've come

0:17:56.400 --> 0:18:01.399
<v Speaker 10>into possession of a large amount of stolen high end jewelry.

0:18:01.680 --> 0:18:05.760
<v Speaker 3>Scott Selby is the author of Flawless Inside, the largest

0:18:05.800 --> 0:18:09.040
<v Speaker 3>diamond heist in History. He's a leading expert on the

0:18:09.040 --> 0:18:10.680
<v Speaker 3>black market diamond trade.

0:18:12.359 --> 0:18:15.400
<v Speaker 10>The Panthers they like to hit high end shops high

0:18:15.440 --> 0:18:18.040
<v Speaker 10>end jewelry. These are things that are already polished, that

0:18:18.160 --> 0:18:21.280
<v Speaker 10>are already ready to be sold. They've been cut in

0:18:21.359 --> 0:18:23.800
<v Speaker 10>such a way to really have the highest value, to

0:18:23.840 --> 0:18:26.280
<v Speaker 10>look the most beautiful. There's a lot of things that

0:18:26.320 --> 0:18:29.680
<v Speaker 10>then come into play with how you fence those, depending

0:18:29.760 --> 0:18:32.800
<v Speaker 10>upon exactly what you stole and what kind of value

0:18:32.800 --> 0:18:34.280
<v Speaker 10>you're expecting to get back from it.

0:18:34.800 --> 0:18:38.639
<v Speaker 3>The panthers intentionally target the most expensive jewelry from the

0:18:38.680 --> 0:18:42.240
<v Speaker 3>most famous stores, but these are not the easiest items

0:18:42.240 --> 0:18:43.800
<v Speaker 3>to turn into quick cash.

0:18:44.400 --> 0:18:48.640
<v Speaker 10>Generally, they've stolen from high end, name brand jewelry stores,

0:18:49.160 --> 0:18:51.760
<v Speaker 10>and so with those you're going to be facing some

0:18:51.800 --> 0:18:56.960
<v Speaker 10>decisions pretty quickly, right because having a brand name associated

0:18:57.160 --> 0:18:59.720
<v Speaker 10>with a jewelry as well as the intricate design of

0:18:59.720 --> 0:19:02.679
<v Speaker 10>that jewelry gives it a high percent of the value.

0:19:02.880 --> 0:19:06.080
<v Speaker 10>Here's the problem is, if it's something recognizable, if it's

0:19:06.119 --> 0:19:09.879
<v Speaker 10>something that costs fifty million dollars, from some famous jeweler,

0:19:09.920 --> 0:19:12.280
<v Speaker 10>everybody in the business will know what it is and

0:19:12.320 --> 0:19:15.720
<v Speaker 10>anybody else would just google it, right, So then what

0:19:15.920 --> 0:19:20.480
<v Speaker 10>you would probably do is you would unfortunately have to

0:19:20.560 --> 0:19:23.560
<v Speaker 10>lose the craftsmanship of the jewelry as well as the

0:19:23.640 --> 0:19:27.480
<v Speaker 10>value of the brand by removing the individual stones from

0:19:27.520 --> 0:19:30.439
<v Speaker 10>it and melting down the gold. If you sell something

0:19:30.480 --> 0:19:33.240
<v Speaker 10>to a fence, particularly things that are harder to sell

0:19:33.240 --> 0:19:35.800
<v Speaker 10>on the rule of thumb that's been used for a

0:19:35.840 --> 0:19:37.639
<v Speaker 10>long time is ten cents on the dollar.

0:19:38.040 --> 0:19:38.280
<v Speaker 1>Right.

0:19:38.400 --> 0:19:41.639
<v Speaker 10>So now imagine that Tiffany's diamond. You've now removed the

0:19:41.720 --> 0:19:44.720
<v Speaker 10>polished diamond from the engagement ring and you've melted the

0:19:44.800 --> 0:19:48.399
<v Speaker 10>ring down for its silver value, which is tremendously less

0:19:48.440 --> 0:19:51.160
<v Speaker 10>than you know it being a finished product.

0:19:51.160 --> 0:19:53.920
<v Speaker 3>But let's be honest, when what you've stolen is worth

0:19:53.960 --> 0:19:57.560
<v Speaker 3>tens of millions of dollars, you can probably afford some markdowns.

0:19:58.119 --> 0:19:59.920
<v Speaker 3>And what about really big.

0:19:59.720 --> 0:20:02.679
<v Speaker 10>Stone, It's going to depend. Like let's say you have

0:20:02.720 --> 0:20:05.400
<v Speaker 10>a big necklace with the pink panther. Sometimes they've stolen

0:20:05.440 --> 0:20:09.200
<v Speaker 10>something where there's a primary stone that's large, famous enough

0:20:09.280 --> 0:20:11.639
<v Speaker 10>maybe even to be named. It's going to be something

0:20:11.680 --> 0:20:14.280
<v Speaker 10>really special that anybody in the world in the business

0:20:14.320 --> 0:20:15.320
<v Speaker 10>would recognize it.

0:20:15.720 --> 0:20:18.680
<v Speaker 3>Something for example, like the one hundred and twenty five

0:20:18.840 --> 0:20:23.159
<v Speaker 3>carrot diamond necklace known as a contest de vendome. The

0:20:23.320 --> 0:20:26.679
<v Speaker 3>panther stole that in two thousand and four. It was

0:20:26.760 --> 0:20:32.800
<v Speaker 3>worth an estimated thirty one point five million dollars.

0:20:32.200 --> 0:20:34.160
<v Speaker 10>So that one, let's put on the side. It's really

0:20:34.160 --> 0:20:36.320
<v Speaker 10>hard to move, but there's going to be a lot

0:20:36.320 --> 0:20:38.720
<v Speaker 10>of accompanying stones with it, and a lot of these

0:20:38.720 --> 0:20:41.320
<v Speaker 10>will be relatively generic, so it should be pretty easy

0:20:41.359 --> 0:20:45.680
<v Speaker 10>to move. They're probably going to be flawless. One carrot

0:20:45.720 --> 0:20:50.080
<v Speaker 10>maybe two carrot white diamonds. The first thing you're going

0:20:50.119 --> 0:20:52.280
<v Speaker 10>to want to do is look on it's called the girdle,

0:20:52.760 --> 0:20:55.480
<v Speaker 10>and what that basically is is if you have your

0:20:55.680 --> 0:20:59.040
<v Speaker 10>gemstone line flat, so you have a profile view. It's

0:20:59.040 --> 0:21:01.000
<v Speaker 10>going to be the widest part. It's a part that

0:21:01.320 --> 0:21:04.679
<v Speaker 10>divides the top and the bottom of the diamond, and

0:21:05.119 --> 0:21:07.399
<v Speaker 10>it's become common over the years for there to be

0:21:07.440 --> 0:21:09.679
<v Speaker 10>a laser inscription there. Then what you have to do

0:21:09.720 --> 0:21:11.359
<v Speaker 10>is you have to see if there's the equivalent of

0:21:11.400 --> 0:21:14.520
<v Speaker 10>a serial number or certification number or something.

0:21:14.359 --> 0:21:17.920
<v Speaker 3>There a certification that could identify the jam and tell

0:21:17.920 --> 0:21:19.480
<v Speaker 3>you exactly where it came from.

0:21:19.720 --> 0:21:21.320
<v Speaker 10>So that's the first thing they're going to look for,

0:21:21.400 --> 0:21:23.800
<v Speaker 10>is are their numbers on the side, And if there are,

0:21:24.440 --> 0:21:28.160
<v Speaker 10>that's a problem because anybody anywhere along the process could

0:21:28.160 --> 0:21:31.560
<v Speaker 10>look it up right. You could very easily polish those off,

0:21:31.600 --> 0:21:34.640
<v Speaker 10>but you need somebody that's in the business that polishes diamonds.

0:21:34.640 --> 0:21:37.120
<v Speaker 10>So that's something where you're going to need a corrupt

0:21:37.160 --> 0:21:38.360
<v Speaker 10>individual to work with.

0:21:38.720 --> 0:21:42.120
<v Speaker 3>Finding a corrupt individual in this shadowy world's called Selby's

0:21:42.160 --> 0:21:45.880
<v Speaker 3>talking about doesn't sound difficult. I mean, this is where

0:21:45.880 --> 0:21:49.639
<v Speaker 3>the Pink Panthers live. On CNN, Anderson Cooper talk to

0:21:49.680 --> 0:21:53.160
<v Speaker 3>filmmaker Havana Marking, who made a documentary about the Panthers,

0:21:53.480 --> 0:21:56.280
<v Speaker 3>about the group's extensive support network.

0:21:56.600 --> 0:22:01.280
<v Speaker 11>Diamonds are the key thing that they are professional at

0:22:01.320 --> 0:22:04.240
<v Speaker 11>and do the best at, mainly because they've got incredible

0:22:04.280 --> 0:22:10.200
<v Speaker 11>connections to diamond centers like Antwerp, a huge European center

0:22:10.240 --> 0:22:12.840
<v Speaker 11>of diamond trading. I was lucky enough to make a

0:22:12.920 --> 0:22:16.280
<v Speaker 11>contact of the Panthers called mister Green, who is a

0:22:16.400 --> 0:22:20.320
<v Speaker 11>fence and he's the person who they take the diamonds too.

0:22:20.600 --> 0:22:23.439
<v Speaker 11>He gets them recut, he creates completely new sort of

0:22:23.480 --> 0:22:27.240
<v Speaker 11>certificates of origin for them, and is able to he

0:22:27.359 --> 0:22:30.440
<v Speaker 11>has the connections to then sell them back into the

0:22:31.720 --> 0:22:32.919
<v Speaker 11>clean market.

0:22:35.960 --> 0:22:38.800
<v Speaker 10>So once he gets something into the legitimate stream of commerce,

0:22:38.840 --> 0:22:41.520
<v Speaker 10>you've got it made. Because one diamond could change hands

0:22:41.520 --> 0:22:43.880
<v Speaker 10>eight times in a week in Antwerp, Belgium.

0:22:43.880 --> 0:22:45.000
<v Speaker 3>Scott Selby again.

0:22:45.280 --> 0:22:48.320
<v Speaker 10>But the problem is is people there will remember certain

0:22:48.400 --> 0:22:50.960
<v Speaker 10>kinds of stones. These are people who really care about

0:22:50.960 --> 0:22:54.480
<v Speaker 10>what they're doing, and there's an artistic element to it.

0:22:55.000 --> 0:22:57.720
<v Speaker 10>These are communities where people know each other and have

0:22:57.840 --> 0:23:00.560
<v Speaker 10>heard of things. So you can't just introduce basically the

0:23:00.600 --> 0:23:04.240
<v Speaker 10>big pendance stone from some necklace you stole in Japan.

0:23:04.600 --> 0:23:06.600
<v Speaker 10>You can't just introduce that on the other side of

0:23:06.600 --> 0:23:09.000
<v Speaker 10>the world and nobody has any questions, right.

0:23:09.080 --> 0:23:12.040
<v Speaker 3>Right, These rare stones might be the most valuable, but

0:23:12.080 --> 0:23:14.880
<v Speaker 3>they're also the hardest to fence without bringing a lot

0:23:14.920 --> 0:23:18.880
<v Speaker 3>of unwanted attention. Still, when you have the right connections,

0:23:19.160 --> 0:23:20.119
<v Speaker 3>you have options.

0:23:20.640 --> 0:23:22.679
<v Speaker 10>One choice is is you can sell it on so

0:23:22.760 --> 0:23:25.680
<v Speaker 10>the buyer knows it's stolen and they're comfortable with that.

0:23:25.800 --> 0:23:29.560
<v Speaker 10>And traditionally there's a market for very high end stones

0:23:29.760 --> 0:23:32.360
<v Speaker 10>in Hong Kong and Dubai where people might not ask

0:23:32.400 --> 0:23:35.119
<v Speaker 10>so many questions, right, So you could have people who

0:23:35.160 --> 0:23:38.520
<v Speaker 10>are willing to buy something like that. So that's one option.

0:23:39.480 --> 0:23:41.960
<v Speaker 3>Okay, but what if we're dealing with a stone that

0:23:42.119 --> 0:23:44.320
<v Speaker 3>is a little too famous.

0:23:44.119 --> 0:23:49.080
<v Speaker 10>Something that's sort of unfortunate but sometimes needs to be done.

0:23:49.160 --> 0:23:53.240
<v Speaker 10>Is if you have something truly unusual, you may find

0:23:53.280 --> 0:23:56.560
<v Speaker 10>yourself forced to cut it into smaller pieces. If you

0:23:56.560 --> 0:23:59.080
<v Speaker 10>show up with a thousand of these stones, the first

0:23:59.080 --> 0:24:01.680
<v Speaker 10>person to buy its going to know that it's stolen,

0:24:02.280 --> 0:24:05.359
<v Speaker 10>and there'll be a big discount involved, right, But the

0:24:05.440 --> 0:24:07.760
<v Speaker 10>person they sell it on to you will have no idea,

0:24:07.920 --> 0:24:09.920
<v Speaker 10>and the person after them and the person after them,

0:24:09.920 --> 0:24:12.959
<v Speaker 10>and these stones move fast, fast, fast, and Antwerp. They

0:24:12.960 --> 0:24:15.359
<v Speaker 10>all go through Antwerpt, Belgium for the most part, and

0:24:15.400 --> 0:24:17.000
<v Speaker 10>the next thing you know, it'll be in your local

0:24:17.000 --> 0:24:19.560
<v Speaker 10>strip model and then an engagement ring and you yourself

0:24:19.560 --> 0:24:21.639
<v Speaker 10>could be worreing an engagement ring with a stone that

0:24:21.760 --> 0:24:23.280
<v Speaker 10>was stroller and nobody would know.

0:24:27.760 --> 0:24:30.840
<v Speaker 3>Given how complicated it is to move stolen diamonds and

0:24:31.119 --> 0:24:34.119
<v Speaker 3>the criminal network required to do it, you have to

0:24:34.200 --> 0:24:41.119
<v Speaker 3>wonder about the economics. Is stealing diamonds actually a good business.

0:24:41.160 --> 0:24:46.400
<v Speaker 3>My colleague Elon Greenberg spoke to Don Palmery, a master genmologist,

0:24:46.480 --> 0:24:50.440
<v Speaker 3>appraiser a gem certification and assurance lab in New York.

0:24:50.840 --> 0:24:55.640
<v Speaker 6>We are greaters and certifiers of diamonds and gemstones, and

0:24:56.000 --> 0:24:57.800
<v Speaker 6>we do a great deal of work for the law

0:24:57.880 --> 0:25:02.320
<v Speaker 6>enforcement and insurance industries. I've been involved in so many

0:25:02.359 --> 0:25:05.320
<v Speaker 6>of these cases afterwards, when they begin to recover some

0:25:05.440 --> 0:25:09.399
<v Speaker 6>of the jewelry and especially things like big diamonds that

0:25:09.440 --> 0:25:12.840
<v Speaker 6>have been recut and then try to remarket through the

0:25:12.920 --> 0:25:19.120
<v Speaker 6>legitimate marketplace. Sadly, there's always a market for hot diamonds

0:25:19.160 --> 0:25:22.920
<v Speaker 6>and jewels of great value, and very sadly it's tied

0:25:23.000 --> 0:25:26.840
<v Speaker 6>right back to our industry. So you have to understand

0:25:26.880 --> 0:25:30.880
<v Speaker 6>that these are stones that travel around the entire globe.

0:25:31.240 --> 0:25:34.199
<v Speaker 6>They go from one major auction to another. They go

0:25:34.359 --> 0:25:37.800
<v Speaker 6>from the hands of wealthy people in Asia, Europe, the

0:25:37.880 --> 0:25:39.800
<v Speaker 6>United States, South America.

0:25:40.640 --> 0:25:44.760
<v Speaker 12>Once this compromiser degraded, right, how do they recoup that

0:25:44.880 --> 0:25:48.280
<v Speaker 12>original value? How do you inflate it? I understand how

0:25:48.280 --> 0:25:50.680
<v Speaker 12>you decrease it, but how do you increase.

0:25:50.280 --> 0:25:54.000
<v Speaker 6>It again by getting a legitimate grading report on the

0:25:54.040 --> 0:25:57.639
<v Speaker 6>previously stolen stone. And the way to do that is

0:25:57.680 --> 0:26:01.119
<v Speaker 6>to in some way disguise it. Real way to disguise

0:26:01.200 --> 0:26:05.800
<v Speaker 6>it would be either to damage it where you're creating

0:26:06.080 --> 0:26:09.640
<v Speaker 6>flaws in the stone, or you recut it. But if

0:26:09.640 --> 0:26:14.480
<v Speaker 6>you recut it enough, you can remove other tailtale identifying marks,

0:26:14.880 --> 0:26:18.679
<v Speaker 6>then the laboratory just grades it. They're grading tens of

0:26:18.680 --> 0:26:21.920
<v Speaker 6>millions of diamonds every year, and I think some things

0:26:21.920 --> 0:26:23.320
<v Speaker 6>have slipped through the cracks.

0:26:23.680 --> 0:26:27.320
<v Speaker 12>So when someone pulls off a heist right and steals

0:26:27.320 --> 0:26:31.560
<v Speaker 12>millions of dollars worth of let's say, diamonds or other gemstones,

0:26:31.720 --> 0:26:34.119
<v Speaker 12>it seems like then they fence it for pennies on

0:26:34.160 --> 0:26:36.680
<v Speaker 12>the dollar. Why don't they knock off a liquor store

0:26:36.760 --> 0:26:39.160
<v Speaker 12>like it seems like for all that effort and all that,

0:26:39.240 --> 0:26:42.399
<v Speaker 12>you know, it looks glamorous, but they're getting pennies. You

0:26:42.440 --> 0:26:45.639
<v Speaker 12>know why at an atm you know, it doesn't seem

0:26:45.680 --> 0:26:47.080
<v Speaker 12>like the margin is there.

0:26:47.280 --> 0:26:51.280
<v Speaker 6>Oh it is. Explain how first of all, the average

0:26:51.320 --> 0:26:54.680
<v Speaker 6>bank robbery they only get what a few thousand dollars anymore, three,

0:26:54.840 --> 0:26:58.200
<v Speaker 6>four or five thousand dollars. But if you gee, I

0:26:58.200 --> 0:27:00.880
<v Speaker 6>don't want to encourage your audience to think about this

0:27:00.920 --> 0:27:04.520
<v Speaker 6>as the next great thing to do. But we're talking

0:27:04.560 --> 0:27:09.480
<v Speaker 6>about small items with one of the greatest stores of

0:27:09.800 --> 0:27:13.320
<v Speaker 6>inherent value. So if you've got a ten kara d

0:27:13.520 --> 0:27:17.760
<v Speaker 6>flawless diamond, you know, basically you're talking about a million

0:27:17.800 --> 0:27:19.879
<v Speaker 6>dollar stone. Let's say you only get two hundred thousand

0:27:19.920 --> 0:27:22.880
<v Speaker 6>dollars for it. What liquor store do you know has

0:27:22.920 --> 0:27:26.439
<v Speaker 6>two hundred thousand dollars? Think about any other thing of

0:27:26.480 --> 0:27:29.560
<v Speaker 6>great value. A bar of gold, I mean a bar

0:27:29.640 --> 0:27:32.919
<v Speaker 6>of gold. Let's say it's ten ounces. You know today's money.

0:27:33.840 --> 0:27:38.360
<v Speaker 6>What's it worth sixteen thousand dollars? And try running down

0:27:38.400 --> 0:27:40.880
<v Speaker 6>the street with a ten ounce bar gold in your pocket?

0:27:41.119 --> 0:27:44.639
<v Speaker 6>But with gems, it's a whole lot easier. It's very compact,

0:27:45.240 --> 0:27:51.080
<v Speaker 6>great storehouse of value.

0:27:53.040 --> 0:27:56.040
<v Speaker 3>Diamonds were always a high priority target for the Panthers,

0:27:56.320 --> 0:27:59.080
<v Speaker 3>but they also had a soft spot for high end watches.

0:28:00.040 --> 0:28:03.480
<v Speaker 3>Thorpe is a retired watch dealer with forty years of

0:28:03.520 --> 0:28:05.680
<v Speaker 3>experience in the business.

0:28:05.240 --> 0:28:07.640
<v Speaker 1>And now I'm spending my time as a full time

0:28:07.720 --> 0:28:10.919
<v Speaker 1>YouTuber and enjoying every minute of it. Mainly focused on

0:28:11.040 --> 0:28:12.080
<v Speaker 1>anti watch crime.

0:28:12.560 --> 0:28:15.040
<v Speaker 3>Paul fell under the spell of watches early.

0:28:15.440 --> 0:28:17.920
<v Speaker 1>My dad was a big watch guy. I remember falling

0:28:17.960 --> 0:28:21.000
<v Speaker 1>in love with a TIMEX on another boy's risk at

0:28:21.000 --> 0:28:23.920
<v Speaker 1>school when I was five years old, and that was it.

0:28:23.960 --> 0:28:26.400
<v Speaker 1>I was bitten by the bug. I caught watch disease.

0:28:27.440 --> 0:28:31.040
<v Speaker 1>I've taken every known medication a man to cure it,

0:28:31.600 --> 0:28:32.639
<v Speaker 1>but it's never worked.

0:28:33.720 --> 0:28:37.800
<v Speaker 3>Paul's love of watches gives him an insider's understanding of

0:28:37.840 --> 0:28:39.280
<v Speaker 3>their appeal to thieves.

0:28:39.600 --> 0:28:41.520
<v Speaker 1>I think the big thing is with what is and

0:28:41.560 --> 0:28:43.920
<v Speaker 1>you've also mentioned diamonds. There is the fact that they

0:28:43.960 --> 0:28:48.719
<v Speaker 1>are easily transportable, They are obviously valuable, and therefore a

0:28:48.760 --> 0:28:53.000
<v Speaker 1>great desirable asset for the criminals because you can't get

0:28:53.000 --> 0:28:55.480
<v Speaker 1>on a plane with a million dollars in cash someone

0:28:55.520 --> 0:28:58.280
<v Speaker 1>who's going to stop and ask you questions. But you

0:28:58.360 --> 0:29:01.720
<v Speaker 1>can fit a million dollars with a diamonds in your pocket,

0:29:01.880 --> 0:29:03.800
<v Speaker 1>or a million dollar watch, and no one is going

0:29:03.840 --> 0:29:07.120
<v Speaker 1>to buy an eyelid. They retain a huge part of

0:29:07.160 --> 0:29:08.960
<v Speaker 1>their original value even when it's.

0:29:08.840 --> 0:29:11.640
<v Speaker 3>Stolen, and that value has only grown over time.

0:29:12.160 --> 0:29:15.560
<v Speaker 1>The black market pre two thousand, I mean back then,

0:29:15.920 --> 0:29:19.000
<v Speaker 1>the value of our Rolex watch on the black market

0:29:19.080 --> 0:29:21.440
<v Speaker 1>would have been about a third of its retail value,

0:29:22.040 --> 0:29:26.520
<v Speaker 1>so still a decent return if you've got enough of them. Today,

0:29:26.680 --> 0:29:30.160
<v Speaker 1>by comparison, that same watch on the black market is

0:29:30.320 --> 0:29:34.400
<v Speaker 1>worth between eighty and one hundred percent of its retail value,

0:29:34.480 --> 0:29:38.400
<v Speaker 1>and in some cases two hundred percent of its retail value,

0:29:38.520 --> 0:29:42.200
<v Speaker 1>despite the fact that it's stolen. Particularly since around about

0:29:42.240 --> 0:29:45.680
<v Speaker 1>I would say twenty seventeen, the luxury watch market has

0:29:45.720 --> 0:29:48.960
<v Speaker 1>exploded right across the world and certainly in London now.

0:29:49.000 --> 0:29:50.440
<v Speaker 1>I mean, if you throw a stone in the are,

0:29:50.480 --> 0:29:52.880
<v Speaker 1>it's probably going to land and fall on a luxury watch.

0:29:52.960 --> 0:29:55.800
<v Speaker 1>They're easy to transport and that's why I believe the

0:29:55.880 --> 0:29:59.440
<v Speaker 1>watch black market has in many instances taken over from drugs.

0:30:00.040 --> 0:30:03.600
<v Speaker 1>And I'm told that the value of luxury watches has

0:30:03.680 --> 0:30:06.640
<v Speaker 1>risen a lot faster than the value of illegal drugs

0:30:06.680 --> 0:30:09.720
<v Speaker 1>on the street. So a lot of these gangs have

0:30:09.840 --> 0:30:13.280
<v Speaker 1>been taking their money out of drugs and putting it

0:30:13.280 --> 0:30:14.480
<v Speaker 1>into luxury watches.

0:30:14.920 --> 0:30:18.560
<v Speaker 3>From drugs to watches. Is it really such a better business.

0:30:18.120 --> 0:30:21.440
<v Speaker 1>That it's risk versus reward for these criminals. If they're

0:30:21.520 --> 0:30:24.959
<v Speaker 1>caught with a kilo of Class A drugs, they're going

0:30:25.000 --> 0:30:26.880
<v Speaker 1>to go out to prison. In the UK, you're looking

0:30:26.880 --> 0:30:29.800
<v Speaker 1>at say between ten and twelve years. If you steal

0:30:29.800 --> 0:30:32.240
<v Speaker 1>a luxury watch, you're probably going to be out in

0:30:32.320 --> 0:30:35.120
<v Speaker 1>eighteen months. And if you look at the risk versus

0:30:35.160 --> 0:30:39.560
<v Speaker 1>the reward, if you steal three Richard Mills and a

0:30:39.640 --> 0:30:42.600
<v Speaker 1>dozen rolics in a twelve month period, that's going to

0:30:42.680 --> 0:30:45.400
<v Speaker 1>met you somewhere in a reason of one point five

0:30:45.480 --> 0:30:48.680
<v Speaker 1>million pounds in cash, or wherever you take payment.

0:30:48.960 --> 0:30:51.880
<v Speaker 3>With those kind of returns, it's no wonder that watches

0:30:51.920 --> 0:30:55.120
<v Speaker 3>grew in popularity with the criminal class, and like other

0:30:55.200 --> 0:31:00.200
<v Speaker 3>jewelry stores, watch dealers have had to adapt.

0:31:00.200 --> 0:31:03.800
<v Speaker 1>Two thousand and ten, we were pretty regular, you know,

0:31:03.960 --> 0:31:06.720
<v Speaker 1>no real more security than anyone else at any other

0:31:06.840 --> 0:31:09.560
<v Speaker 1>jewelry store. There were times when we'd even leave our

0:31:09.600 --> 0:31:11.800
<v Speaker 1>door open, but it got to the stage where we

0:31:11.800 --> 0:31:15.200
<v Speaker 1>would need well, I'll give you an example my last shop,

0:31:15.880 --> 0:31:18.880
<v Speaker 1>which was fairly small, I think we spent seventy five

0:31:19.400 --> 0:31:24.800
<v Speaker 1>pounds on security. Smoke cloaks. Smoke cloak is it's just

0:31:24.800 --> 0:31:26.880
<v Speaker 1>a simple box. You hit a button and it fills

0:31:26.920 --> 0:31:29.040
<v Speaker 1>the room with smoke so that people can't see where

0:31:29.040 --> 0:31:32.680
<v Speaker 1>they're going. I had laser beam alarms around my property

0:31:32.800 --> 0:31:37.760
<v Speaker 1>at home, another fifty sixty thousand pounds for security. Still

0:31:37.840 --> 0:31:41.000
<v Speaker 1>front doors, windows that were unbreakable.

0:31:41.200 --> 0:31:45.600
<v Speaker 3>But with the increased security at watchdealers, their stores themselves

0:31:45.640 --> 0:31:49.760
<v Speaker 3>have become less attractive with thieves. Now they've taken to

0:31:49.880 --> 0:31:51.840
<v Speaker 3>targeting individuals instead.

0:31:53.640 --> 0:31:56.040
<v Speaker 1>These people are going to the smarter areas where the

0:31:56.120 --> 0:31:59.840
<v Speaker 1>high end boutiques are and the fashionable, swanky restaurants are

0:32:00.080 --> 0:32:03.240
<v Speaker 1>to find their victims, and they find them in the street.

0:32:03.360 --> 0:32:06.560
<v Speaker 1>They can have spotters inside working inside the restaurant, a

0:32:06.600 --> 0:32:10.800
<v Speaker 1>waiter or a waitress. It's very simple. They serve a customer,

0:32:10.880 --> 0:32:13.640
<v Speaker 1>they see they're wearing one hundred grand watch, they WhatsApp

0:32:13.960 --> 0:32:17.920
<v Speaker 1>their friends outside and then when he leaves, they'll follow him.

0:32:18.440 --> 0:32:22.640
<v Speaker 1>No strike. But these guys are very well educated. They

0:32:22.680 --> 0:32:25.800
<v Speaker 1>know the job. They're professionals, being a victim of robbery

0:32:25.840 --> 0:32:28.880
<v Speaker 1>myself on three occasions, and they're actually very very good

0:32:28.880 --> 0:32:29.640
<v Speaker 1>at what they do.

0:32:33.760 --> 0:32:37.800
<v Speaker 3>The Panthers focus on these enormously expensive items like diamond

0:32:37.840 --> 0:32:41.200
<v Speaker 3>t rs and million dollar watches. Makes up these sense

0:32:41.400 --> 0:32:45.360
<v Speaker 3>for a thief. They're targets graph and other elite brands.

0:32:45.840 --> 0:32:49.800
<v Speaker 3>Makes sense too, since these are places best stocked with

0:32:49.920 --> 0:32:53.920
<v Speaker 3>what they're after. But for this gang of Serbian criminals,

0:32:54.200 --> 0:32:57.600
<v Speaker 3>the choices they've made about what to steal and who

0:32:57.640 --> 0:33:01.560
<v Speaker 3>to steal from might be coming from a more personal place.

0:33:05.760 --> 0:33:10.479
<v Speaker 3>Coming up next on Infamous International, the Pink Panther's story.

0:33:10.960 --> 0:33:15.400
<v Speaker 13>The previous secutive sanctions imposts on Serbia totally criminalizes the

0:33:15.440 --> 0:33:19.680
<v Speaker 13>economy smuggling becomes a huge part of the economy. And

0:33:19.800 --> 0:33:23.960
<v Speaker 13>that's really starts in the nineties and has never changed.

0:33:24.120 --> 0:33:28.320
<v Speaker 3>In Serbia, a decade of sanctions in civil war leaves

0:33:28.360 --> 0:33:29.800
<v Speaker 3>the country in shambles.

0:33:30.200 --> 0:33:33.360
<v Speaker 13>There was a resentment built to the West with its

0:33:33.480 --> 0:33:37.120
<v Speaker 13>riches and wealth and fleshy lifestyle.

0:33:37.000 --> 0:33:40.680
<v Speaker 3>And a generation who see crime as the best career.

0:33:41.160 --> 0:33:45.560
<v Speaker 13>As soon as he turned eighteen, he started doing little

0:33:45.720 --> 0:33:49.400
<v Speaker 13>robberies and when a manager of that job, when he

0:33:49.520 --> 0:33:52.800
<v Speaker 13>saw a group of Serbian students coming in, he calls

0:33:52.840 --> 0:33:57.200
<v Speaker 13>security immediately because they knew about Milan Yepoya.

0:33:57.640 --> 0:34:03.520
<v Speaker 3>That's next time on Infamous International, The Pink Panthers Story.

0:34:14.160 --> 0:34:18.480
<v Speaker 3>Infamous International The Pink Panthers Story was produced by Best

0:34:18.520 --> 0:34:22.799
<v Speaker 3>Case Studios in association with Koda's Story, hosted by me

0:34:23.239 --> 0:34:27.799
<v Speaker 3>Natalia ant Lava and written by Katrina Wolfe, Adam Pinkis,

0:34:28.160 --> 0:34:32.880
<v Speaker 3>Suzanne Myers, and David Markowitz, with help from Brent Katz

0:34:33.160 --> 0:34:39.080
<v Speaker 3>and Matt Levin. For Best Case Studios, Executive producer Adam Pinkis,

0:34:39.520 --> 0:34:46.040
<v Speaker 3>Senior producer David Markowitz, producer Katrina Wolfe, Associate producer Hannah

0:34:46.080 --> 0:34:51.360
<v Speaker 3>Libovitz Lockhart, and consulting producers Julie Goldstein and Louis Spiegeler

0:34:51.800 --> 0:34:56.040
<v Speaker 3>for Koda. Story reporting by Lane Greenberg with associate producer

0:34:56.239 --> 0:35:00.840
<v Speaker 3>Rebecca Robinson. Edited and sound designed by Gail Mullens and

0:35:01.000 --> 0:35:06.879
<v Speaker 3>Max Michael Miller. Music by Dave Harrington. Archival producers Marc

0:35:06.920 --> 0:35:11.760
<v Speaker 3>Degora and Paul Dallas. This has been an exactly right production.

0:35:12.360 --> 0:35:18.160
<v Speaker 3>Executive producers Karen Kilgarriff, Georgia hart Stark, and Daniel Kramer,

0:35:18.520 --> 0:35:20.960
<v Speaker 3>with consulting producer Kyle Ryan