New York City police say they believe the opportunistic thief who swiped an 86-pound bucket of gold flakes worth nearly $1.6 million off an armored truck in Manhattan is hiding out on the West Coast.
Detectives say the man fled to Orlando, Florida after the Sept. 29 theft before ultimately landing in California. Police believe he’s hiding out in the Los Angeles area with the stolen gold.
The theft occurred in broad daylight and was caught on street surveillance cameras.
Police say their suspect is 53-year-old Julio Nivelo, who goes by the name Luis Toledo, David Vargas and other aliases. They say he is a career thief from New Jersey who has been arrested and deported back to his native Ecuador several times.
The Associated Press contributed to this article.
I thought it was gold wire he stole.
Gold “flakes” would be unrefined gold. There is a discrepancy in the amount as well. 86 lb of gold is only 1032 Troy ounces (12 Troy oz. to a pound – 86 x 12 = 1032) not 16 oz which is Avordupous (sorry for the spelling)
At their $1.6 million value each Troy ounce would be valued at over $1551 per ounce.
Well Hell-lary stole billions and I dont read or see any of that on the news. Look at all the millions donated to Haiti and it all disappeared in the clinton fundation
Well, did`t y’all know, Queen Hitliar and cartel are above the law and have ben for years, For reasons I don`t understand they are untouchable.