The investment company, founded by Dev Shetty, has acquired the struggling miner and its assets, including the Lulo mine in Angola.
Suspect Shot, Killed in CA Jewelry Store Robbery
Police in Glendora are still on the lookout for a second suspect.
Glendora, Calif.—One man was shot and killed and another remains at large following the armed robbery of a jewelry store Friday in Glendora, California, a city located about 25 miles east of downtown Los Angeles.
According to the Glendora Police Department, at 12:14 p.m. on Sept. 6, officers responded to a call of an armed robbery at a store in the 700 block of West Route 66.
Lt. Robert Westfall, of the Los Angeles County Sheriff Department’s Homicide Bureau, told KTLA two individuals robbed the store then ran out the back.
After containing the area—including placing two nearby schools on lockdown—police tracked down a man they believe to be one of the robbers outside an apartment building.
The suspect did not comply with officers’ instructions, Westfall told KTLA, and was shot and killed by police.
The second suspect remains at large. A third individual, a woman found in a waiting vehicle, was detained and later arrested, Glendora police said.
Reached Monday, Westfall told National Jeweler law enforcement officials have no updates on the case.
Anyone with information is asked to call 626-914-8250.
Jewelers’ Security Alliance President John J. Kennedy said the individual who died Friday in Glendora was the first suspect killed while involved in a crime against a jewelry business in the U.S. this year.
No jewelers have been killed in 2019, he said.
Kennedy said it is too soon to say if the suspects involved in Friday’s incident are members of the same group wanted in a string of jewelry store armed robberies in southern California that have all taken place in the middle of the day.
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