Venice luxury store stolen by $500K mob

The expensive Louis Vuitton store in San Francisco’s Union Square was cleared out Monday afternoon when thieves in three cars stole large sums of money, the San Francisco Chronicle reported. The store’s opening in…

Venice luxury store stolen by $500K mob

The expensive Louis Vuitton store in San Francisco’s Union Square was cleared out Monday afternoon when thieves in three cars stole large sums of money, the San Francisco Chronicle reported.

The store’s opening in September was meant to signal a return to luxury retailing after the store was destroyed by fire in 2016.

“Many professional criminals viewed this as a ‘show case’ or ‘money laundering opportunity,’” New York City-based cybersecurity firm Prolexic told the Chronicle.

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Prolexic said the suspects drove large vehicles, including a gray BMW M5 sedan and four Toyota Sequoias, “which are well equipped to move large quantities of cash.”

Police say six people were arrested and, after combing the store for additional suspects, discovered $436,000 in cash, plastic sheeting, hammers and brass knuckles.

The suspects had allegedly spent time casing the store over the weekend and surveillance footage provided by police.

The arrests include two men, a woman and a teenage boy. They are all expected to be charged with robbery and receiving stolen property.

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