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Pawnshop loses P1.7M in jewelry, cash

By: Rene Alima November 04,2015 - 01:46 AM

Assorted jewelry worth around P1.4 million and P300,000 cash were stolen from a pawnshop by unidentified thieves in San Remigio town, northern Cebu.

The Dovers Pawnshop in barangay Poblacion had no security guard nor security camera when the thieves struck.

The theft was discovered when teller Rosalyn Quinatadcan reported for work around 7 a.m. last Monday.

The teller told police that the concrete wall of the pawnshop had been destroyed and the safety vault where the jewelry was kept had already been emptied when she arrived.

The missing jewelry was worth P1.392 million, said police.

A metal cutter and two crowbars were recovered in the pawnshop.

PO3 Dante Teaño said they have no suspects yet.

Investigators are not discounting the possibility of an inside job, said Teaño, desk officer of the San Remigio Police Station.

The pawnshop was about 1.5 kilometers from the police station.

Police said thieves first entered an unoccupied establishment adjacent to the pawnshop through a hole where an air-conditioning unit was mounted. A plywood was used to cover the hole.

The thieves then destroyed the concrete wall separating the pawnshop and the vacant space.

Police said they suspected that the burglary took place in the wee hours of Nov. 1.

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TAGS: burglary, Cebu, jewelry, San Remigio
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