For Master Thieves, Legos Are the New Uncut Diamonds, Vocativ, Shane Dixon Kavanaugh, August 20, 2014

While Legos aren’t exactly uncut diamonds (they’re not nearly as portable), as far as untraceable commodities go, they’re almost as good. Thieves can sell unopened Lego sets, which are very difficult to track, almost immediately online for as much or more than the retail price. And if they sit on them for a while, it gets even better, because many of the bigger sets rapidly appreciate in value—at a rate much faster than inflation. In other words, they’re money in the bank.

Last week’s back-to-back busts underscore what appears to be a growing awareness among criminals of Legos’ street value. Over the last couple of years, professional thieves and opportunists around the world have turned the Danish building blocks into fat stacks of Benjamins. They’ve included Silicon Valley executives, criminal masterminds in Florida, Oklahoma conmen and even drug dealers in Amsterdam, who have started accepting Lego toys as payment.

Some go for the toy stores, others rob the delivery trucks. Earlier this year, a suspected band of crooks in Australia brandished angle grinders and crowbars to pilfer at least $30,000 in Legos from four different retailers. In England, bandits in Watford Gap and West Yorkshire pulled off Lego truck heists to the tune of $87,000 and $67,000.

The Kraken Is Such A Big Meanie, The Kraken, The Gloomy Historian, October 9, 2014 Continue reading →