PanamaTimes

Sunday, Oct 25, 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

PanamaTimes
0:00
0:00
Close
Advertising trick: Pepsi’s Harrier Jet Commercial Led to a $700,000 Court Fight
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
Trump-Era Policy Shifts Test the Boundaries of U.S. Institutions
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Breaking With the Past: One of the World’s Smallest Countries Changes Its Name
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
Cuba’s Grid Fails Again as Fuel Crisis Deepens
Nazca Lines Flight Crash Kills Thirteen as Peru Suspends Aerodiana
OpenAI Faces Demands for Full Disclosure After Models Breach Hugging Face
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Why Americans Queue for $15 Ice Cream and a $100 Caviar Pint
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
Morgan Stanley Builds a Wall Street Lead in AI Infrastructure Finance
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Spain Defeats Argentina in Extra Time to Win Second World Cup
Venezuela’s Earthquake Devastation Turns U.S. Investment Opportunity Into a Thirty-Seven Billion Dollar Reconstruction Challenge
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
The Ledger Will Not Trust on Faith
Trump Administration Pressures Banks to Restrict Financial Access for Undocumented Immigrants
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
The AI Race Enters Its Infrastructure Era
Colombia Influencer Dies After Cosmetic Procedure at Unlicensed Bogota Salon
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
On the Island That Did Not Yield to Trump, There Is No Electricity, and 10 Million Live in Darkness
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Japanese Technology Firm Fujitsu Launches Advanced Artificial Intelligence Tool for Corporate Disclosures
South Africa Officially Launches Nationwide Campaign for Highly Contested Local Government Elections
United Kingdom Commits Additional Funding for Unexploded Ordnance Clearance in Laos
Singapore Announces Stringent New Greenhouse Gas Regulations for Commercial Cooling Systems
Cambodia and Thailand Hold High-Level Border Security Talks at United Nations Headquarters
Myanmar Military Government and China Sign Major Agreement to Upgrade Media and Cultural Cooperation
Knife Attack at Swiss Train Station Leaves Three Injured in Suspected Act of Domestic Terrorism
Transnational Extortion Gang Threatens Canadian Police With Army of One Thousand Armed Operatives
Australia Imposes Forty-Two-Day Quarantine on Cruise Ship Passengers Following Deadly Hantavirus Outbreak
International Monetary Fund Unlocks Seven Hundred Million United States Dollars for Sri Lanka Following Economic Reforms
Australia Launches Record One Point Four Billion Dollar Lawsuit Against Chemical Giant 3M Over Contamination
China and Canada Foreign Ministers Meet in Ottawa in Effort to Stabilize Strained Diplomatic Ties
Indonesia Demands Urgent United Nations Security Council Reform Amid Escalating Global Conflicts
Extreme Weather Patterns Trigger Severe Drought in Madagascar and Destructive Flooding in East Africa
Indian State of Karnataka Faces Political Upheaval as Chief Minister Siddaramaiah Abruptly Resigns
Philippines and Japan Reaffirm Defense Ties as Crucial for Indo-Pacific Regional Stability
Norway Joins French Nuclear Deterrence Initiative in Major Shift for European Security Architecture
×