posted on Mar, 15 2009 @ 08:42 AM
The loot was never found, but based on circumstantial evidence, Notarbartolo was sentenced to 10 years. He denied having anything to do with the crime
and has refused to discuss his case. Until now.
Leonardo Notarbartolo was part of a five-man team behind the heist of the century.
The murky nature of the diamond trade makes it difficult to get clear answers. According to Denice Oliver, the adjuster who investigated the robbery
for insurers, there were roughly $25 million in claims, all documented by legitimate invoices. As a result, De Bruycker calculated that at least
another $75 million in goods was stolen, bringing the total value of the heist to about $100 million.
If Notarbartolo's story is true, dealers who were in on it removed their goods—both legal and illegal—from the vault before the heist and then
filed claims on the legitimate gems. These dealers would have gotten the insurance payouts and kept their stock. $20 million recovered by the thieves
belonged to traders not in on the scam.
Or: There was no insurance scam. The thieves actually found $100 million in the vault and Notarbartolo has spun a story to cloud the true origins of
Regardless of which theory is correct, there is agreement that the thieves got away with millions that were never recovered. Notarbartolo refused to
talk about what happened to the goods; something best discussed once he is out of prison.
In the meantime, his share may very well be waiting for him, hidden somewhere in the foothills of the Italian Alps.
(visit the link for the full news article)