$4M in Gold Stolen From Truck Heading to Massachusetts | NECN
Massachusetts

Massachusetts

The latest news from around the state

$4M in Gold Stolen From Truck Heading to Massachusetts

    processing...

    NEWSLETTERS

    Getty Images
    NEW YORK - JANUARY 9: Gold bullion bars and coins are seen for sale at Manfra, Tordella and Brookes, Inc. January 9, 2003 in New York City. The price of gold has risen by nearly 30 percent over the past year with investors looking for stability as war with Iraq has become more likely. (Photo by Mario Tama/Getty Images)

    Armed robbers made off with $4 million in gold bars from an armored truck en route to Massachusetts after they marched its two guards off into the North Carolina woods Sunday, in a massive heist targeting loot bound for Attleboro's "Jewelry City."

    The two security guards, working for Transvalue Inc. of Miami, said they pulled off to the side of Interstate 95 in North Carolina around 6:30 p.m. Sunday, after their armored truck began having mechanical problems in Wilson County, the sheriff's office said.

    Three armed men driving a white van approached and ordered them to lie on the ground, tied their hands behind their backs and then marched them into nearby woods, the guards said. The robbers then unloaded barrels filled with gold and made their getaway, according to a statement.

    The office of Wilson County Sheriff Calvin Woodard, Jr., did not respond to messages seeking additional information. No detailed description of the suspects or their vehicle was released.

    FBI agents are assisting the local sheriff and are working to determine whether a federal crime has been committed, said Shelley Lynch, spokeswoman for the FBI's Charlotte field office.

    The gold bars were headed to Attleboro, Massachusetts, a town south of Boston nicknamed "Jewelry City" for the large number of manufacturers based there. The truck carrying the loot had left Miami about 4 a.m. Sunday, Transvalue chief executive officer Jay Rodriguez said in a statement.

    Transvalue specializes in transporting cash, precious metals, gems and jewelry in armored trucks, according to its website. The company says its shipments are insured for up to $100 million. 

    For up-to-the-minute news and weather, be sure to follow us on Twitter and like us on Facebook. Sign up for our new breaking news email alerts by clicking here and download our free apps here.