Competition between merchants give robbers opportunity to steal $740,000 of cash and gold bars

Competition between merchants give robbers opportunity to steal $740,000 of cash and gold bars

SUBANG JAYA - Stiff competition between two merchants created a golden opportunity for robbers who carted away some RM2million (S$740,702.40) in cash and gold bars here last month.

Subang Jaya OCPD Asst Comm Yahaya Ramli said one of the rivals found out that the other, a 25-year-old man, had made millions from a sale of gold bars, and started planning the heist.

However, all 11 people involved in the robbery were later detained by police.

"With the arrests, the case is now solved," ACP Yahaya said at a press conference yesterday.

Five of the suspects - including a Malaysian woman and an Indonesian man - were picked up on Dec 27, four days after the robbery at the victim's house in Kampung Bukit Lanchong in Putra Heights.

Five more men and another woman were held between Dec 30 and Jan 13. It is learnt that one of them had impersonated a police officer from Bukit Aman during the heist.

"They are aged between 20 and 50 and one of them is a 'Datuk' in a company that's active in the purchase and sell-back of gold bars.

"We recovered six gold bars weighing about 100g each, RM100,000 cash, a Toyota Wish, a BMW, a gold bracelet and a handphone with the arrests of the remaining suspects," he said.

He added that four of the suspects were charged with gang robbery at the Petaling Jaya magistrate's court yesterday.

On Jan 5, The Star reported that the victim was robbed of RM1.65million in cash and 40 gold bars worth about RM14,000 each when 11 people went to his home in Putra Heights at about 10.30pm on Dec 23.

It is learnt that the suspects hit him on the head with a blunt object before fleeing with the loot.

Selangor CID chief Senior Asst Comm Datuk Mohd Adnan Abdullah said police managed to recover RM259,520 cash and four gold bars.

More about

Robbery
Purchase this article for republication.

BRANDINSIDER

SPONSORED

Most Read

Your daily good stuff - AsiaOne stories delivered straight to your inbox
By signing up, you agree to our Privacy policy and Terms and Conditions.