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Hatton Garden jewellery heist: 'Gang ruined lives of many uninsured victims'

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EDS NOTE ALTERNATIVE CROP

Undated handout photo issued by the Metropolitan Police of the inside of the vault at the Hatton Garden Safe Deposit company which was robbed over the Easter weekend. PRESS ASSOCIATION Photo. Issue date: Wednesday April 22, 2015. Police have released dramatic new images of inside the audacious Hatton Garden jewellery raid. The pictures show how the gang neatly tunnelled into the vault through concrete walls to ransack 72 security boxes over the Easter weekend. When the raid was finally discovered, officers found the vaults covered in dust and debris and the floor strewn with discarded boxes and numerous power tools, including an angle grinder, concrete drills and crowbars. See PA story POLICE HattonGarden. Photo credit should read: Metropolitan Police/PA Wire

NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

EDS NOTE ALTERNATIVE CROP Undated handout photo issued by the Metropolitan Police of the inside of the vault at the Hatton Garden Safe Deposit company which was robbed over the Easter weekend. PRESS ASSOCIATION Photo. Issue date: Wednesday April 22, 2015. Police have released dramatic new images of inside the audacious Hatton Garden jewellery raid. The pictures show how the gang neatly tunnelled into the vault through concrete walls to ransack 72 security boxes over the Easter weekend. When the raid was finally discovered, officers found the vaults covered in dust and debris and the floor strewn with discarded boxes and numerous power tools, including an angle grinder, concrete drills and crowbars. See PA story POLICE HattonGarden. Photo credit should read: Metropolitan Police/PA Wire NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

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A handout photo received from the British Metropolitan Police Service in London on April, 22, 2015, shows holes bored through a half-meter thick concrete wall drilled to access a vault in a safe deposit centre in Hatton Garden, London

A handout photo received from the British Metropolitan Police Service in London on April, 22, 2015, shows holes bored through a half-meter thick concrete wall drilled to access a vault in a safe deposit centre in Hatton Garden, London

AFP/Getty Images

A handout photo received from the British Metropolitan Police Service in London on April, 22, 2015, shows the forced open shutters leading to a vault in a safe deposit centre in Hatton Garden, London, where an estimated ?200 million worth of diamonds and jewellery were stolen between April 2 and April 5, 2015. Burglars broke into a vault at a safe deposit centre in Hatton Garden, where many jewellers had left their stocks over the long Easter weekend, and cracked open 70 secure boxes, the police said. AFP PHOTO / METROPOLITAN POLICE / HANDOUT

RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT  " AFP PHOTO / BRITISH METROPOLITAN POLICE "  -  NO MARKETING NO ADVERTISING CAMPAIGNS   -   DISTRIBUTED AS A SERVICE TO CLIENTS-/AFP/Getty Images

A handout photo received from the British Metropolitan Police Service in London on April, 22, 2015, shows the forced open shutters leading to a vault in a safe deposit centre in Hatton Garden, London, where an estimated ?200 million worth of diamonds and jewellery were stolen between April 2 and April 5, 2015. Burglars broke into a vault at a safe deposit centre in Hatton Garden, where many jewellers had left their stocks over the long Easter weekend, and cracked open 70 secure boxes, the police said. AFP PHOTO / METROPOLITAN POLICE / HANDOUT RESTRICTED TO EDITORIAL USE - MANDATORY CREDIT " AFP PHOTO / BRITISH METROPOLITAN POLICE " - NO MARKETING NO ADVERTISING CAMPAIGNS - DISTRIBUTED AS A SERVICE TO CLIENTS-/AFP/Getty Images

AFP/Getty Images

Undated handout photo issued by the Metropolitan Police of the vault door at the Hatton Garden Safe Deposit company which was robbed over the Easter weekend. PRESS ASSOCIATION Photo. Issue date: Wednesday April 22, 2015. Police have released dramatic new images of inside the audacious Hatton Garden jewellery raid. The pictures show how the gang neatly tunnelled into the vault through concrete walls to ransack 72 security boxes over the Easter weekend. When the raid was finally discovered, officers found the vaults covered in dust and debris and the floor strewn with discarded boxes and numerous power tools, including an angle grinder, concrete drills and crowbars. See PA story POLICE HattonGarden. Photo credit should read: Metropolitan Police/PA Wire

NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

Undated handout photo issued by the Metropolitan Police of the vault door at the Hatton Garden Safe Deposit company which was robbed over the Easter weekend. PRESS ASSOCIATION Photo. Issue date: Wednesday April 22, 2015. Police have released dramatic new images of inside the audacious Hatton Garden jewellery raid. The pictures show how the gang neatly tunnelled into the vault through concrete walls to ransack 72 security boxes over the Easter weekend. When the raid was finally discovered, officers found the vaults covered in dust and debris and the floor strewn with discarded boxes and numerous power tools, including an angle grinder, concrete drills and crowbars. See PA story POLICE HattonGarden. Photo credit should read: Metropolitan Police/PA Wire NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

PA

PIXELATED AT SOURCE

Undated handout photo issued by the Metropolitan Police of the hallway leading to the vault at the Hatton Garden Safe Deposit company which was robbed over the Easter weekend. PRESS ASSOCIATION Photo. Issue date: Wednesday April 22, 2015. Police have released dramatic new images of inside the audacious Hatton Garden jewellery raid. The pictures show how the gang neatly tunnelled into the vault through concrete walls to ransack 72 security boxes over the Easter weekend. When the raid was finally discovered, officers found the vaults covered in dust and debris and the floor strewn with discarded boxes and numerous power tools, including an angle grinder, concrete drills and crowbars. See PA story POLICE HattonGarden. Photo credit should read: Metropolitan Police/PA Wire

NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

PIXELATED AT SOURCE Undated handout photo issued by the Metropolitan Police of the hallway leading to the vault at the Hatton Garden Safe Deposit company which was robbed over the Easter weekend. PRESS ASSOCIATION Photo. Issue date: Wednesday April 22, 2015. Police have released dramatic new images of inside the audacious Hatton Garden jewellery raid. The pictures show how the gang neatly tunnelled into the vault through concrete walls to ransack 72 security boxes over the Easter weekend. When the raid was finally discovered, officers found the vaults covered in dust and debris and the floor strewn with discarded boxes and numerous power tools, including an angle grinder, concrete drills and crowbars. See PA story POLICE HattonGarden. Photo credit should read: Metropolitan Police/PA Wire NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

PA

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EDS NOTE ALTERNATIVE CROP Undated handout photo issued by the Metropolitan Police of the inside of the vault at the Hatton Garden Safe Deposit company which was robbed over the Easter weekend. PRESS ASSOCIATION Photo. Issue date: Wednesday April 22, 2015. Police have released dramatic new images of inside the audacious Hatton Garden jewellery raid. The pictures show how the gang neatly tunnelled into the vault through concrete walls to ransack 72 security boxes over the Easter weekend. When the raid was finally discovered, officers found the vaults covered in dust and debris and the floor strewn with discarded boxes and numerous power tools, including an angle grinder, concrete drills and crowbars. See PA story POLICE HattonGarden. Photo credit should read: Metropolitan Police/PA Wire NOTE TO EDITORS: This handout photo may only be used in for editorial reporting purposes for the contemporaneous illustration of events, things or the people in the image or facts mentioned in the caption. Reuse of the picture may require further permission from the copyright holder.

Victims of the Hatton Garden jewellery raid have found "their livelihoods have gone", according to a loss adjuster.

Rick Marchant of Marchant and Marchant Limited said many of those who lost valuables taken when a gang of thieves ransacked 72 safety deposit boxes over Easter weekend were not "mainly small businesses".

He told the BBC he was dealing with seven clients who had lost items worth up to £2 million in the burglary at Hatton Garden Safety Deposit Company, in London's famous jewellery quarter.

Police have offered a £20,000 reward for information leading to the arrest and conviction of all those involved and have released images of the Hilti DD350 drill that was used to bore a hole 20in (50cm) deep, 10in (25cm) high, and 18in (45cm) into the vault wall.

Mr Marchant told the broadcaster: "These aren't extremely wealthy people, for a lot of them their livelihoods have gone. All of us might be forgiven for thinking how audacious, how clever, but what (the gang has) done is ruin the lives of many people within the Hatton Garden jewellery quarter.

"I have been told by individuals I have interviewed that they have had friends and colleagues who work in the quarter with them, grown men, hardened dealers, in sobs - (they) don't know what to do because of course some haven't insured at all.

"Their view was it is in a safety deposit box - the key word is safety - it should be OK and of course they have lost everything."

He added the chances of uninsured victims recovering their losses was "pretty remote" and their "only hope" was there was evidence of negligence.

Meanwhile, Scotland Yard is reviewing why officers were not sent to investigate an intruder alarm set off at Hatton Garden Safe Deposit shortly after midnight on the Friday.

A call was received by the force's Computer Aided Despatch system from the security company but no police response was deemed necessary.

Online Editors