FBI Joins Investigation of Rolex Watch Heist at Casino

Brazen smash-and-grab happened in middle of Atlantic City casino resort

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    NEWSLETTERS

    Authorities believe they are closer to tracking down the men that pulled off a smash & grab at at jewelry store at the Borgata hotel. The robbers stole close to $200K worth of Rolex watches on July 1. NBC10's Ted Greenberg reports that Atlantic City police will hold a joint investigation with the FBI to help them solve this case.

    The FBI has joined the investigation into last week's jewelry heist at an Atlantic City casino.

    On July 1, three men walked into the Borgata casino and walked out with nearly $200,000. But, the money wasn't won, rather it was stolen in the form of high-end watches from a jewelry store inside the gambling resort.

    Investigators say three men stole Rolex watches worth just under $200,000 from the "Jewels" store around 8:45 p.m.

    Police originally valued the jewelry at $500,000, but corrected the amount a day after the heist.

    Robbers Steal $200K Worth of Rolex Watches

    [PHI] Robbers Steal $200K Worth of Rolex Watches
    Police say three men pulled off a smash and grab heist inside Borgata Jewels on Monday night. Investigators are hoping to get surveillance video from the Borgata. NBC10's Ted Greenberg reports from Atlantic City with the latest.

    The theft was a smash-and-grab where the men broke the cases, grabbed what they could and left as quickly as possible, according to investigators.

    Police say one suspect was dressed in a blue jacket, one in a gray hooded sweatshirt and one in a dark-colored jacket. The suspects fled on foot before entering a dark-colored vehicle, according to police.

    No one was injured during the incident. Police reviewed surveillance video and released photos of the three men who pulled off the heist. A fourth person -- believed to be the getaway driver -- is also wanted.

    On Tuesday, officials announced that the FBI had joined the investigation and that they believed they were a step closer to tracking down the culprits.

    Smash & Grab Inside Jewelry Store at Borgata Hotel

    [PHI] Smash & Grab Inside Jewelry Store at Borgata Hotel
    Atlantic City Police are looking for four men who participated in a robbery of a jewelry store inside the Borgata Hotel. The robbers escaped with nearly $200,000 -- not the $500,000 originally reported. NBC10's Jesse Gary reports.

    "The people that are doing the active investigation have a good idea of the background of some of the people that are involved," Commander Thomas Gilbert of the A.C. Tourism District said.

    Police are exploring the possibility that the culprits are part of an organized group or copy cats of such a ring. Gilbert says the "transient nature" of some of the suspects prompted the FBI's involvement.

    "They bring extra tools and skill sits," he said. "Jurisdictional boundaries get eliminated somewhat when the FBI gets involved."

    The Borgata opened July 2, 2003. At the time it was the first new casino in the resort town in 13 years. It has various restaurants, 11 retail shops, 2,000 guest rooms and suites, nearly 200 gambling tables and more than 3,400 slot machines.

    Smash-&-Grab Casino Heist

    [PHI] Smash-&-Grab Casino Heist
    Three men walked into the Borgata Casino Hotel in Atlantic City and walked out with about $200,000 (originally police said it was $500,000) in jewelry after smashing cases, according to police. NBC10's Jesse Gary reports.

     


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