Saint Paul Woman Loses More than $200,000 in Burglary of Gold, Jewelry, and Cash: Police

A 57-year-old Saint Paul woman lost her life savings Saturday when someone broke into her home and stole 100 gold bars, a $36,000 diamond ring and $60,000 in cash. The theft occured while nobody was home, according to police.

Saint Paul police spokesman Steve Linders told the Minneapolis Star Tribune the woman hid the valuable items in different areas of her bedroom because she doesn’t trust banks.

Police say no arrests have been made and investigators so far have no leads in the case. Authorities are unsure if the burglary was random or if the woman's home was targeted. “Right now, our investigators don’t have a lot to go on,” Linders told the Star Tribune.

KMSP reported that the burglary took place sometime between 9 a.m. and 6 p.m. Saturday while the woman and her 32-year-old daughter were not home.

The daughter was the first to return to the house, where she noticed the place had been ransacked. However, the only items taken were the valuables from the mother’s room, according to police.

“As officers were talking to the victims, the mother appeared physically ill,” Linders told the Star Tribune. “She said her life savings had been stolen.”

According to police, $60,000 in cash, a diamond ring costing $36,000, and 100 one-ounce gold bars worth about $120,000 in total were stolen from the home. The mother was reportedly counting on those items for her retirement. She told police they were her entire life's savings.

Police are asking citizens to be cautious of anyone trying to sell them gold or a diamond ring at this time. Anyone with information on this case is asked to call police at (651) 266-5771.

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