From Million-Dollar Wine Heists to Birkin Bag Robberies, Luxury Larceny Is on the Rise

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Thieves are developing a taste for the luxury life.

There has been a spate of such crimes in San Francisco in recent months, many of them involving mob-style looting of the luxury stores like Louis Vuitton right in the center of town—and resulting in police patrols of the shopping area for 24 hours each day.

That doesn’t explain the oyster or grape thefts, of course. Consider economic uncertainty a driver there, he posits. “The people who have made their living pickpocketing tourists in Europe, all of a sudden they have zero income,” Neckar says, mostly as a result of border closures and travel slowdowns. “They can’t go out and get a job—so they need to support themselves another way.” He suggests much the same happened stateside.

Greg Smith agrees with all of Neckar’s explanations, but also points to a bigger, longer term problem: cultural attitudes. Smith is the executive vice-president and co-founder of property insurance providerHe says, simply, “There’s become an acceptability to theft—it’s not a violent crime.

 

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