Arab Press

بالشعب و للشعب
Tuesday, Feb 24, 2026

Woman Jailed For Swapping Diamonds Worth 4.2 Million Pounds For Pebbles

Woman Jailed For Swapping Diamonds Worth 4.2 Million Pounds For Pebbles

A London Court jury found her guilty of conspiracy to steal. The judge called the heist "highly sophisticated and audacious", involving "brazen deception".
A jewel thief was jailed for more than five years in Britain on Wednesday for stealing millions of pounds worth of diamonds by switching them with pebbles in a daring sleight of hand.

Lulu Lakatos, 60, posed as a gem expert under the alias "Anna" to gain access to the jewels worth a total of £4.2 million ($5.8 million, 5.0 million euros).

She claimed she had been sent to appraise the gems by a wealthy Russian client before swapping them for the worthless stones.

A jury at Southwark Crown Court in south London found her guilty of conspiracy to steal. The judge called the heist "highly sophisticated and audacious", involving "brazen deception".

Prosecutors said the theft of the seven diamonds -- including one worth £2.2 million -- from a luxury family jewellers in London's upmarket Mayfair district was the biggest heist of its kind ever committed in Britain.

The real diamonds, which London police have said were stolen by Lakatos in cooperation with an international organised gang, have never been recovered in the wake of the March 2016 theft.

Romanian-born Lakatos, from the Saint-Brieuc region of northwest France, arrived in London a day before the theft where she met with two other members of the gang.

The trio then made a reconnaissance trip to Boodles' jewellers on Bond Street in Mayfair.

On the day of the theft, the court heard Lakatos had examined and weighed the diamonds, wrapping them in tissue paper and placing them in boxes in a locked purse.

Security camera footage from the family firm's basement showed the moment Lakatos switched the purse for a duplicate in her handbag using what the court heard was "sleight of hand".

The practised thief left the jewellers and switched the diamonds into the handbag of an unknown woman.

She then changed her clothes in a pub toilet and made her escape for France on the Eurostar cross-Channel train service, less than three hours after committing the crime.

The conviction follows Lakatos' arrest in France on a European arrest warrant.

She had three previous convictions for theft in France and was wanted in Switzerland for a similar heist where an envelope containing 400,000 euros was switched for a copy holding worthless paper.

In her defence at trial in London, Lakatos claimed she had been arrested in a case of mistaken identity and her younger sister -- who died in a car crash in October 2018 -- had used a passport in her name to travel to Britain to commit the crime.

The two men who accompanied Lakatos, Christophe Stankovic and Mickael Jovanovic, were jailed for three years and eight months after pleading guilty to conspiracy to steal.

A jewel thief was jailed for more than five years in Britain on Wednesday for stealing millions of pounds worth of diamonds by switching them with pebbles in a daring sleight of hand.

Lulu Lakatos, 60, posed as a gem expert under the alias "Anna" to gain access to the jewels worth a total of £4.2 million ($5.8 million, 5.0 million euros).

She claimed she had been sent to appraise the gems by a wealthy Russian client before swapping them for the worthless stones.

A jury at Southwark Crown Court in south London found her guilty of conspiracy to steal. The judge called the heist "highly sophisticated and audacious", involving "brazen deception".

Prosecutors said the theft of the seven diamonds -- including one worth £2.2 million -- from a luxury family jewellers in London's upmarket Mayfair district was the biggest heist of its kind ever committed in Britain.

The real diamonds, which London police have said were stolen by Lakatos in cooperation with an international organised gang, have never been recovered in the wake of the March 2016 theft.

Romanian-born Lakatos, from the Saint-Brieuc region of northwest France, arrived in London a day before the theft where she met with two other members of the gang.

The trio then made a reconnaissance trip to Boodles' jewellers on Bond Street in Mayfair.

On the day of the theft, the court heard Lakatos had examined and weighed the diamonds, wrapping them in tissue paper and placing them in boxes in a locked purse.

Security camera footage from the family firm's basement showed the moment Lakatos switched the purse for a duplicate in her handbag using what the court heard was "sleight of hand".

The practised thief left the jewellers and switched the diamonds into the handbag of an unknown woman.

She then changed her clothes in a pub toilet and made her escape for France on the Eurostar cross-Channel train service, less than three hours after committing the crime.

The conviction follows Lakatos' arrest in France on a European arrest warrant.

She had three previous convictions for theft in France and was wanted in Switzerland for a similar heist where an envelope containing 400,000 euros was switched for a copy holding worthless paper.

In her defence at trial in London, Lakatos claimed she had been arrested in a case of mistaken identity and her younger sister -- who died in a car crash in October 2018 -- had used a passport in her name to travel to Britain to commit the crime.

The two men who accompanied Lakatos, Christophe Stankovic and Mickael Jovanovic, were jailed for three years and eight months after pleading guilty to conspiracy to steal.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
GCC Secretary-General Holds Talks with EU Ambassador in Riyadh
Gulf States’ AI Investment Drive Seen as Strategic Bet on Technology and U.S. Security Ties
African Union Commission Chair Meets Saudi Vice Foreign Minister to Deepen Strategic Cooperation
President El-Sisi Holds Strategic Talks with Saudi Crown Prince in Riyadh
Lucid Unveils Up to $12,000 Incentive for Air and Gravity Models in Saudi Arabia
Saudi Arabia Enters Global AI Partnership, Expanding Its Role in International Technology Governance
Saudi Arabia’s Landmark U.S. LNG Agreement Signals Major Strategic Shift
Saudi Arabia Accelerates Global Gaming Push with Billion-Dollar Deals and Expanded PIF Mandate
Saudi Arabia Reports $25.28 Billion Budget Deficit in Fourth Quarter of 2025
Alvarez & Marsal Tax Establishes Dedicated Pillar Two and Transfer Pricing Team in Saudi Arabia
United States Approves Over Fifteen Billion Dollars in Major Arms Sales to Israel and Saudi Arabia
Pre-Iftar Walks Gain Momentum as Ramadan Wellness Trend Spreads
Middle East Jackup Rig Fleet Contracts Further After Saudi Drilling Suspensions
Türkiye and Saudi Arabia Prepare to Sign Five Gigawatt Renewable Energy Deal at COP31
King Mohammed VI Congratulates Saudi Leadership on Founding Day, Reaffirming Strategic Ties
US Envoy Huckabee Clarifies Remarks on Israel After Expansionism Controversy
Saudi Arabia Introduces Limited Exceptions to Regional Headquarters Requirement for Foreign Firms
Saudi Arabia Joins Global Partnership on Artificial Intelligence, Elevating Its Role in Shaping AI Governance
Saudi Arabia and Arab States Mobilise Diplomatically After U.S. Envoy’s Israel Remarks
Cristiano Ronaldo Reaffirms His Commitment to Saudi Arabia Amid Transfer Speculation
Proposed US-Saudi Nuclear Deal Raises Questions Over Uranium Enrichment Provisions
Saudi Arabia Sends 81st Aid Flight to Gaza as Humanitarian Air Bridge Continues
Global Games Show Riyadh 2026 Positioned as Catalyst for Saudi Arabia’s Vision 2030
Saudi Arabia Eases Procurement Rules, Allowing Foreign Firms Greater Access to Government Contracts
Türkiye and Saudi Arabia Seal Two Billion Dollar Solar Energy Agreement
Saudi Crown Prince Reportedly Sends Letter to UAE Leader Over Yemen and Sudan Policies
Saudi Arabia Voices Concerns to UAE Over Sudan Conflict and Yemen Strategy
Saudi Arabia Joins Global Artificial Intelligence Alliance to Strengthen International Collaboration
Shura Island Positioned as Flagship of Saudi Arabia’s Ambitious Red Sea Tourism Drive
Saudi Arabia Rebukes Mike Huckabee Over Remarks in Tucker Carlson Interview
OpenAI CEO Sam Altman praises the rapid progress of Chinese tech companies.
Concerns Mount Over Potential Saudi Uranium Enrichment in Prospective US Nuclear Accord
Trump Directs Government to Release UFO and Alien Information
Trump Signs Global 10% Tariffs on Imports
Investability Emerges as the Defining Test of Saudi Arabia’s Next Market Phase
Saudi Arabia’s Packaging Market Accelerates as Sustainability and E-Commerce Drive Transformation
Saudi Arabia Unveils $32 Billion Push Into Theme Parks and Global Entertainment
Saudi Crude Exports to India Climb Sharply, Closing Gap With Russia
Saudi Arabia’s Halal Cosmetics Market Expands as Faith and Ethical Beauty Drive Growth
ImmunityBio Secures Saudi Partnerships to Launch Flagship Cancer Therapy
United Kingdom Denies U.S. Access to Military Base for Potential Iran Strike
Türkiye and Saudi Arabia Launch Expanded Renewable Energy Partnership
US Supreme Court Voids Trump’s Emergency Tariff Plan, Reshaping Trade Power and Fiscal Risk
Mongolian Mining Family’s HK$247 Million Stanley Home Purchase Highlights Resilient Luxury Market
UK Intensifies Efforts to Secure Saudi Investment in Next-Generation Fighter Jet Programme
Saudi Arabia Tops Middle East Green Building Rankings with Record Growth in 2025
Qatar and Saudi Arabia Each Commit One Billion Dollars to President Trump’s ‘Board of Peace’ Initiative
Ramadan 2026 Prayer Times Set as Fasting Begins in Saudi Arabia and Egypt Announces Dates
Saudi Arabia Launches Ramadan 2026 Hotel Campaign to Boost Religious and Leisure Tourism
Saudi Arabia Seeks Reroute of Greece-Bound Fibre-Optic Cable Through Syria Instead of Israel
×