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How an Emerald, 840 Pounds of It, Landed in Court
Yahoo! Sources ^ | Tuesday, March 3, 2009 | Tamara Audi

Posted on 03/03/2009 6:36:39 PM PST by indcons

Just before Christmas, detectives from the Los Angeles County Sheriff's Department pried open a crate outside a warehouse to find something they had been chasing for months: an 840-pound Brazilian emerald that had been reported stolen.

Now, if they could just figure out who owns it. So far, at least five people have come forward to say it's theirs.

"It seems like the more we talk to people, the more people claim to have ownership over this thing," said Lt. Thomas Grubb, who heads the sheriff's investigative team on the case. "We haven't determined who's not a suspect, really."

Unable to determine who the real owner is, Lt. Grubb decided to keep the emerald locked up while the investigation proceeds. Meanwhile, a Los Angeles civil court is scheduled to hear from different claimants in the case on Tuesday.

Lt. Grubb, who had spent the bulk of his 26-year career conducting narcotics investigations, first got onto the case last September. A distraught man named Larry Biegler had called the sheriff's office to say that his giant emerald had been stolen from a Los Angeles-area warehouse where he had been keeping it. It was worth nearly $400 million, he said.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: Crime/Corruption; News/Current Events
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That emerald is mine. Really.
1 posted on 03/03/2009 6:36:39 PM PST by indcons
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To: indcons

3rd time this story makes the rounds...


2 posted on 03/03/2009 6:39:22 PM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: indcons

Yeah I’m pretty sure its mine.


3 posted on 03/03/2009 6:44:15 PM PST by FlyingEagle
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To: xcamel

Were there other new “owners” the first 2 times around?


4 posted on 03/03/2009 6:46:51 PM PST by indcons (An eye for an eye; a tooth for a tooth.)
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To: indcons
No it isn't. It's mine. It's not really Brazilian. I just said that to make it sound exotic. I dug it up in my back yard a couple of years ago and misplaced it when I was putting in some peonies.
5 posted on 03/03/2009 6:47:23 PM PST by VanShuyten ("Ah! but it was something to have at least a choice of nightmares.")
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To: indcons

That’s some rock. I wonder how many polished stones could be made out of it?


6 posted on 03/03/2009 6:47:52 PM PST by popdonnelly (I don't live my life to gain the approval of liberals and leftists.)
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To: FlyingEagle; indcons

MINE! It fell out of my ring!


7 posted on 03/03/2009 6:48:02 PM PST by Ruy Dias de Bivar (14. Guns only have two enemies: rust and politicians.)
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To: indcons

I wondered where I put that thing....


8 posted on 03/03/2009 6:48:55 PM PST by aberaussie
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To: indcons

Many freepers claimed it the first time (last december, IIRC)


9 posted on 03/03/2009 6:50:03 PM PST by xcamel (The urge to save humanity is always a false front for the urge to rule it. - H. L. Mencken)
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To: indcons

10 posted on 03/03/2009 6:51:06 PM PST by GOP_Lady
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To: indcons
Mine. Actually, my wife's. It fell out of one of her Christmas earrings.

And if you find a 850 pound Ruby ...

11 posted on 03/03/2009 6:53:06 PM PST by cc2k (When less than half the voters pay taxes, it's called "taxation without representation.")
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To: GOP_Lady
"Those who have seen the emerald describe it as a black boulder with protruding arm-sized green crystal cylinders. Gem experts say unbroken crystals of that size are rare. Such a large specimen usually would not be broken down into smaller pieces for jewelry. It would more likely be sold intact to a private collector or a museum. An appraisal done in Brazil valued it at $372 million, according to documents filed with the Los Angeles court."
12 posted on 03/03/2009 6:54:41 PM PST by indcons (An eye for an eye; a tooth for a tooth.)
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To: cc2k

Did you lose MY ruby?


13 posted on 03/03/2009 6:55:23 PM PST by indcons (An eye for an eye; a tooth for a tooth.)
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To: indcons

An unbelievable description of the rough. I would love to see it.


14 posted on 03/03/2009 6:56:24 PM PST by GOP_Lady
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To: indcons
It's not very pretty. I guess they can keep it.
15 posted on 03/03/2009 6:57:30 PM PST by stayathomemom (Cat herder and empty nester)
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To: indcons
That emerald is mine. Really.

OK. Jut send me $10,000 and I'll file the paperwork for your bill of sale.

16 posted on 03/03/2009 6:59:29 PM PST by Mad_Tom_Rackham (The inmates are now officially running the asylum.)
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To: indcons

I think that ruby would be mine — my birthstone.


17 posted on 03/03/2009 6:59:36 PM PST by GOP_Lady
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To: indcons

Nope sorry mine. It fell overboard on my boat during a storm. Lost that and all my guns at the same time.


18 posted on 03/03/2009 7:02:28 PM PST by Domandred (Hope is the first step on the road to disappointment.)
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To: Domandred; GOP_Lady

Huge mistake posting this thread - now, I have to deal with competing (though spurious) claims from other FReepers.


19 posted on 03/03/2009 7:07:51 PM PST by indcons (An eye for an eye; a tooth for a tooth.)
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To: indcons

I am the true owner, but I will drop all claims of ownership for a mere 10 percent of its appraised value of 372 million. I think I am being more than generous.


20 posted on 03/03/2009 7:09:03 PM PST by calex59
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