Jewellery Heist: Employee Arrested for Stealing 24 Million Baht in Gold

[webfact]

 

Officers from the Phra Ratchawang Police Station in Bangkok have arrested a jewellery store employee who had been stealing gold necklaces from the store's showcase over the years, amassing a total of 646 baht in weight, equating to more than 24 million baht. The suspect, named Pisan, confessed to using the proceeds from selling the stolen gold for personal expenses and travel.

 

On August 24, Police Major General Samart Promchat, Commander of Metropolitan Police Division 6, together with Deputy Commander Naris Pratanaporn, led an investigative team to apprehend Pisan. The arrest warrant had been issued by the Nakhon Pathom Provincial Court on July 25, 2024.

 

Pisan, aged 40, was detained in front of a house in the Saothonghin area of Bang Yai district, Nonthaburi, following a tip-off regarding his location. Upon arrival, the officers identified themselves and confirmed Pisan’s identity before presenting the arrest warrant.

 

During questioning, Pisan admitted to stealing gold necklaces from a jewellery store in the Phra Ratchawang area. He detailed his stealing technique: he would move gold necklaces from the lower showcase to the upper showcase, unhook several necklaces, and leave them hanging.

Later, he pretended to arrange the necklaces in the upper showcase, surreptitiously letting the unhooked necklaces drop into his hand, which he concealed in his trouser pocket. Pisan repeated this covert operation multiple times.

 

Starting in June 2023, Pisan began stealing gold necklaces and bracelets, each weighing 1 to 2 baht. Every theft involved approximately five to fifteen necklaces, with the activity continuing until his apprehension.

 

Pisan claimed he could not remember the exact quantity of gold stolen due to the frequency of his thefts. All the stolen gold had been sold, and the proceeds were used for everyday expenses and travel.

 

In total, Pisan admitted to stealing around 646 baht in gold, resulting in a loss valued at 24 million baht. Police have detained Pisan at the Phra Ratchawang Police Station for further legal proceedings.

 

Picture courtesy: MGR online

 

-- 2024-08-27

 

 

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[Pique Dard]

9 minutes ago, webfact said:

The suspect, named Pisan, confessed to using the proceeds from selling the stolen gold for personal expenses and travel.

...but he won't have to pay for his next trip with stolen gold, because his trip to the prison will be free of charges

[brianthainess]

2 hours ago, webfact said:

All the stolen gold had been sold, and the proceeds were used for everyday expenses and travel.

I think he might lose some weight himself now................

[CharlieH]

Numbers seem wrong, at todays rate its around 20 million, and given its been going on for years atleast half woukd be alot less. 

Obviously no stocktaking going on either.The owner was very trusting or stupid.

[lordgrinz]

B24 Million in one year?! Someone was either overly trusting, or completely stupid to let that go that far.

[MalcolmB]

This will get the Pattaya Coconut Bar ladyboys envious.

All done without having to hug even one Indian.

[Emdog]

Inventory control? What's that?

[ronster]

The amount of gold hanging in some of these places you wonder how it's possible to keep track of it unless you search employees every time they leave.

Would imagine if only one staff in the shop at some point then it would be very easy for them to get a friend to pretend to come look and then give them a piece to take out of the shop. Friend then takes it to a different shop to sell and they split the cash .

[hotchilli]

9 hours ago, Pique Dard said:

...but he won't have to pay for his next trip with stolen gold, because his trip to the prison will be free of charges

Beat me to it.. 

[sammieuk1]

The cop is just pointing out his finders fee 🤔

[john donson]

guess he has nothing to pay back, no assets or gifts to family members that owns now condos, houses, cars...