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Four years for suspected ‘Pink Panther’

A 37-year-old man was on Thursday sentenced to four years in jail having been found guilty on three counts of burglary and theft from jewellery shops, in a case believed to be linked to the criminal syndicate known as the Pink Panthers.

The man, a Serbian national, had been found guilty of breaking-and-entering and theft on three separate occasions, between May 2012 and May 2013.

The value of the items stolen in the three burglaries is estimated at €300,000.

The suspect had been apprehended overseas on June 10, 2018 on the strength of a European arrest warrant, and handed over to Cypriot police on November 7 of the same year.

Interpol ran an operation on the Pink Panthers gang from 2007 to 2016, and according to the international authority the network is suspected to have carried out approximately 380 armed robberies from 1999 to 2015 in several countries.

The organisation is believed to have targeted high-end jewellery stores, and the combined value of their robberies is estimated to have been approximately €330m.

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