NYPD: $140k In Jewelry, Bags Stolen From Home Of Jewish Owner Of Massive New American Dream Mall

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FILE - In this Oct. 25, 2019 file photo, Triple 5 CEO Don Ghermezian, developer of the American Dream mega entertainment and shopping complex in East Rutherford, N.J., is interviewed at the complex. Police say a group of burglars stole $140,000 worth of luggage and jewelry from the Bronx home of Ghermezian on Saturday, Nov. 9. (AP Photo/Richard Drew, File)

Police say a group of burglars stole $140,000 worth of luggage and jewelry from a shopping mall magnate’s New York City mansion.

The Bronx home belongs to Don Ghermezian, the CEO of the company that runs Mall of America in Minnesota and the new American Dream complex in New Jersey.

The New York Police Department says a group of unidentified people broke into the house, in the affluent Riverdale neighborhood, through a rear window on a balcony on Saturday evening.

Police released security camera footage showing four people were involved. The suspects fled the scene.

Authorities say Ghermezian was out of town at the time. He told The New York Daily News no one was injured during the burglary.

No arrests have been made.

(AP)




2 COMMENTS

  1. I can’t believe a person this wealthy doesn’t have his windows wired for alarms or interior cameras. $140k worth of jewelry is a lot to have just laying around. And why not fill the luggage with silver?