London Daily

Focus on the big picture.
Sunday, Jan 25, 2026

Woman Jailed For Swapping Diamonds Worth 4.2 Million Pounds For Pebbles

Woman Jailed For Swapping Diamonds Worth 4.2 Million Pounds For Pebbles

A London Court jury found her guilty of conspiracy to steal. The judge called the heist "highly sophisticated and audacious", involving "brazen deception".
A jewel thief was jailed for more than five years in Britain on Wednesday for stealing millions of pounds worth of diamonds by switching them with pebbles in a daring sleight of hand.

Lulu Lakatos, 60, posed as a gem expert under the alias "Anna" to gain access to the jewels worth a total of £4.2 million ($5.8 million, 5.0 million euros).

She claimed she had been sent to appraise the gems by a wealthy Russian client before swapping them for the worthless stones.

A jury at Southwark Crown Court in south London found her guilty of conspiracy to steal. The judge called the heist "highly sophisticated and audacious", involving "brazen deception".

Prosecutors said the theft of the seven diamonds -- including one worth £2.2 million -- from a luxury family jewellers in London's upmarket Mayfair district was the biggest heist of its kind ever committed in Britain.

The real diamonds, which London police have said were stolen by Lakatos in cooperation with an international organised gang, have never been recovered in the wake of the March 2016 theft.

Romanian-born Lakatos, from the Saint-Brieuc region of northwest France, arrived in London a day before the theft where she met with two other members of the gang.

The trio then made a reconnaissance trip to Boodles' jewellers on Bond Street in Mayfair.

On the day of the theft, the court heard Lakatos had examined and weighed the diamonds, wrapping them in tissue paper and placing them in boxes in a locked purse.

Security camera footage from the family firm's basement showed the moment Lakatos switched the purse for a duplicate in her handbag using what the court heard was "sleight of hand".

The practised thief left the jewellers and switched the diamonds into the handbag of an unknown woman.

She then changed her clothes in a pub toilet and made her escape for France on the Eurostar cross-Channel train service, less than three hours after committing the crime.

The conviction follows Lakatos' arrest in France on a European arrest warrant.

She had three previous convictions for theft in France and was wanted in Switzerland for a similar heist where an envelope containing 400,000 euros was switched for a copy holding worthless paper.

In her defence at trial in London, Lakatos claimed she had been arrested in a case of mistaken identity and her younger sister -- who died in a car crash in October 2018 -- had used a passport in her name to travel to Britain to commit the crime.

The two men who accompanied Lakatos, Christophe Stankovic and Mickael Jovanovic, were jailed for three years and eight months after pleading guilty to conspiracy to steal.

A jewel thief was jailed for more than five years in Britain on Wednesday for stealing millions of pounds worth of diamonds by switching them with pebbles in a daring sleight of hand.

Lulu Lakatos, 60, posed as a gem expert under the alias "Anna" to gain access to the jewels worth a total of £4.2 million ($5.8 million, 5.0 million euros).

She claimed she had been sent to appraise the gems by a wealthy Russian client before swapping them for the worthless stones.

A jury at Southwark Crown Court in south London found her guilty of conspiracy to steal. The judge called the heist "highly sophisticated and audacious", involving "brazen deception".

Prosecutors said the theft of the seven diamonds -- including one worth £2.2 million -- from a luxury family jewellers in London's upmarket Mayfair district was the biggest heist of its kind ever committed in Britain.

The real diamonds, which London police have said were stolen by Lakatos in cooperation with an international organised gang, have never been recovered in the wake of the March 2016 theft.

Romanian-born Lakatos, from the Saint-Brieuc region of northwest France, arrived in London a day before the theft where she met with two other members of the gang.

The trio then made a reconnaissance trip to Boodles' jewellers on Bond Street in Mayfair.

On the day of the theft, the court heard Lakatos had examined and weighed the diamonds, wrapping them in tissue paper and placing them in boxes in a locked purse.

Security camera footage from the family firm's basement showed the moment Lakatos switched the purse for a duplicate in her handbag using what the court heard was "sleight of hand".

The practised thief left the jewellers and switched the diamonds into the handbag of an unknown woman.

She then changed her clothes in a pub toilet and made her escape for France on the Eurostar cross-Channel train service, less than three hours after committing the crime.

The conviction follows Lakatos' arrest in France on a European arrest warrant.

She had three previous convictions for theft in France and was wanted in Switzerland for a similar heist where an envelope containing 400,000 euros was switched for a copy holding worthless paper.

In her defence at trial in London, Lakatos claimed she had been arrested in a case of mistaken identity and her younger sister -- who died in a car crash in October 2018 -- had used a passport in her name to travel to Britain to commit the crime.

The two men who accompanied Lakatos, Christophe Stankovic and Mickael Jovanovic, were jailed for three years and eight months after pleading guilty to conspiracy to steal.
Newsletter

Related Articles

0:00
0:00
Close
U.S. winter storm triggers 13,000-plus flight cancellations and 160,000 power outages
Poland delays euro adoption as Domański cites $1tn economy and zloty advantage
White House: Trump warns Canada of 100% tariff if Carney finalizes China trade deal
PLA opens CMC probe of Zhang Youxia, Liu Zhenli over Xi authority and discipline violations
ICE and DHS immigration raids in Minneapolis: the use-of-force accountability crisis in mass deportation enforcement
UK’s Starmer and Trump Agree on Urgent Need to Bolster Arctic Security
Starmer Breaks Diplomatic Restraint With Firm Rebuke of Trump, Seizing Chance to Advocate for Europe
UK Finance Minister Reeves to Join Starmer on China Visit to Bolster Trade and Economic Ties
Prince Harry Says Sacrifices of NATO Forces in Afghanistan Deserve ‘Respect’ After Trump Remarks
Barron Trump Emerges as Key Remote Witness in UK Assault and Rape Trial
Nigel Farage Attended Davos 2026 Using HP Trust Delegate Pass Linked to Sasan Ghandehari
Gold Jumps More Than 8% in a Week as the Dollar Slides Amid Greenland Tariff Dispute
BlackRock Executive Rick Rieder Emerges as Leading Contender to Succeed Jerome Powell as Fed Chair
Boston Dynamics Atlas humanoid robot and LG CLOiD home robot: the platform lock-in fight to control Physical AI
United States under President Donald Trump completes withdrawal from the World Health Organization: health sovereignty versus global outbreak early-warning access
FBI and U.S. prosecutors vs Ryan Wedding’s transnational cocaine-smuggling network: the fight over witness-killing and cross-border enforcement
Trump Administration’s Iran Military Buildup and Sanctions Campaign Puts Deterrence Credibility on the Line
Apple and OpenAI Chase Screenless AI Wearables as the Post-iPhone Interface Battle Heats Up
Tech Brief: AI Compute, Chips, and Platform Power Moves Driving Today’s Market Narrative
NATO’s Stress Test Under Trump: Alliance Credibility, Burden-Sharing, and the Fight Over Strategic Territory
OpenAI’s Money Problem: Explosive Growth, Even Faster Costs, and a Race to Stay Ahead
Trump Reverses Course and Criticises UK-Mauritius Chagos Islands Agreement
Elizabeth Hurley Tells UK Court of ‘Brutal’ Invasion of Privacy in Phone Hacking Case
UK Bond Yields Climb as Report Fuels Speculation Over Andy Burnham’s Return to Parliament
America’s Venezuela Oil Grip Meets China’s Demand: Market Power, Legal Shockwaves, and the New Rules of Energy Leverage
TikTok’s U.S. Escape Plan: National Security Firewall or Political Theater With a Price Tag?
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
Trump’s Board of Peace: Breakthrough Diplomacy or a Hostile Takeover of Global Order?
The Greenland Gambit: Economic Genius or Political Farce?
The Greenland Gambit: Economic Genius or Political Farce?
The Greenland Gambit: Economic Genius or Political Farce?
Will AI Finally Make Blue-Collar Workers Rich—or Is This Just Elite Tech Spin?
Prince William to Make Official Visit to Saudi Arabia in February
Prince Harry Breaks Down in London Court, Says UK Tabloids Have Made Meghan Markle’s Life ‘Absolute Misery’
Malin + Goetz UK Business Enters Administration, All Stores Close
EU and UK Reject Trump’s Greenland-Linked Tariff Threats and Pledge Unified Response
UK Deepfake Crackdown Puts Intense Pressure on Musk’s Grok AI After Surge in Non-Consensual Explicit Images
Prince Harry Becomes Emotional in London Court, Invokes Memory of Princess Diana in Testimony Against UK Tabloids
UK Inflation Rises Unexpectedly but Interest Rate Cuts Still Seen as Likely
AI vs Work: The Battle Over Who Controls the Future of Labor
Buying an Ally’s Territory: Strategic Genius or Geopolitical Breakdown?
AI Everywhere: Power, Money, War, and the Race to Control the Future
Trump vs the World Order: Disruption Genius or Global Arsonist?
Trump vs the World Order: Disruption Genius or Global Arsonist?
Trump vs the World Order: Disruption Genius or Global Arsonist?
Trump vs the World Order: Disruption Genius or Global Arsonist?
Arctic Power Grab: Security Chessboard or Climate Crime Scene?
Starmer Steps Back from Trump’s ‘Board of Peace’ Amid Strained US–UK Relations
Prince Harry’s Lawyer Tells UK Court Daily Mail Was Complicit in Unlawful Privacy Invasions
UK Government Approves China’s ‘Mega Embassy’ in London Amid Debate Over Security and Diplomacy
×