Prominent Sydney Jeweler Accused of Alleged Arrangement armed robbery in his store in an attempt to defraud his insurance company and collect over $2.8 million in insurance premiums.

Michel Elias Germani, whose prestigious company has designed jewelery for, among other things, Princess Diana and Elizabeth Taylor– was arrested yesterday, on Monday.

According to police, the 65-year-old initially told officers that he and two other employees were threatened by two men who entered a store in the Queen Victoria building. impersonate clients.

One of the two attackers allegedly threatened one employee with a knife, and the second demanded access to a safe with jewelry.

Two of them, according to police, handcuffed Germani and his staff and left the store with a huge booty of jewelry.

Last month, police arrested two people on suspicion of robbery.

However, as Inspector Joe Dooey told reporters, despite the arrests, the police still believed that “Something went wrong“. Yesterday he also arrested Germani with a statement that it was his own plan and fraud for millions.

Germani stood trial in Sydney, where police accused him of being involved in “planning and coordinating a robbery and attempting to defraud an insurance company”.

As Inspector Nuihi told reporters, the employee injured in the attack “she was shocked”because he did not know about the well-planned fraud.

“She was threatened with death and a knife, her hands and feet were tied … She thought it was really a big robbery,” he said.

Source: Guardian