NEW YORK – New York City police say that they believe that the opportunistic thief who nicked an 86-pound bucket of gold flakes worth nearly $1.6 million from an armored truck in Manhattan is in hiding on the West Coast.
Investigators say the man fled to Orlando, Florida after the Sept. 29 theft before finally landing in California. The police think he is hiding in the Los Angeles area with the stolen gold.
The theft happened in broad daylight and was caught on the street, surveillance cameras.
The police say that their suspect is 53-year-old Julio Nivelo, who goes by the name of Luis Toledo, David Vargas and other aliases. They say that he is a career thief from New Jersey, who was arrested and deported back to his native Ecuador several times.