Articles and News

Colorado Springs, CO—A March 23 break-in causing the loss of $220,000 in merchandise was the last straw for the owners of jewelry store.

The store was broken into four times in the last three years and the owner's daughter, who requested anonymity for her, her family and the store, say the store will close.

“This one was the most intense burglary, but it has happened four times total,” the daughter of the owners told CBS affiliate KKTV. “We started off from a little kiosk in the Citadel Mall and it took us 24 years to work our way up to this store, and they took it apart in less than five minutes.”

Another factor in the family’s decision appears to involve their insurance company, which is refusing to pay for the theft, according to the news report. The daughter explained to the news station that its insurance policy was recently sold by the prior insurance company to a new insurance company. Unknown to the family, the new policy did not cover theft or property damage committed by a third party. The family was not aware of the change, and the family hired an attorney to examine the policy’s details.

Read more on the CBS news website.