Bullion Theft

Insurance fraud was my first thought, but I would expect they would have ransacked the place to make the event appear more random. These crooks seem to know what they were going after and made no attempt to disguise it...and they came prepared (apparently).

Security is just a means of managing risk...it doesn't eliminate it.

 

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Yes indeed, this was the first thing that I thought of too. I get over 1500 pounds (using 50 lb junk silver bags) so this is upwards of 3/4s of a ton of metal. This wasn't a random hit but something that was organized and most likely done in a manner where someone seeing it, wouldn't notice that something unusual was going on. It would take a commercial vehicle to haul this kind of weight.

Moral of the story:

• Speak of your PMs to no one. Never tell your family, friends, business associates, co-workers, your boss, enemies, neighbors, or anyone else. Never admit that you have PMs to anyone. In fact, just don't discuss it at all.
• Never put all your PMs in one place.

 

An arrest has been made and a good deal of the material recovered. It may not have been exactly an "inside job" but the suspect had prior business dealings with the victim.

Sedona gold and silver heist recovered

 

master thiefs and jewel heists are few and far between guys. A good safe and a locked alarmed house are going to stop most robberies.

 

Sedona sucks, I went there last year as part of a geology field trip to the Grand Canyon. It's just a scenic tourist trap with psychics and a bunch of expensive trinkets. Even the food is expensive, I went to a Mexican restaurant (which are usually quite affordable) and bought the cheapest thing I could find to eat, an appetizer of a piece of edible cactus for $5. Not really relevant to this theft but if someone finds this post in a search engine and avoids Sedona as a result, than I feel I will have done my duty as a contributing member of society.

 

look like the thief is a stacker too. He's burying the silver until the price improve

 

Well, they caught 33 year-old "Oshin" Thomas...



...but I don't think he acted alone. I found this on his FaceBook page...

 

That's being a little paranoid there is no problem with telling others you have PM even if you don't your spouse or kids will. Besides what do you do when mailman figures it out you are buying PMs by just looking at the package labels.

 

Good to hear they recovered most of the stolen items. And the guy buries them into the ground? What if someone with a metal detector walks by and finds them?

 

If he buried stuff in remote desert areas in AZ and CA I should have been out metal detecting! Missed out on that opportunity!
Guy

 

Yes, and what if I find a $100,000 winning scratch ticket on the ground? There are areas of Arizona that are so desolate, so remote and uninhabited that they can go hundreds of years before receiving a single footprint from someone. Of course he may have buried them in close proximty to town so who knows, I guess anything is possible.