Royal Exchange thieves sentenced at Old Bailey

£375k worth of jewellery and watches stolen from De Beers and Omega.

Two thieves who stole £375,000 of watches and jewellery in a raid on London’s Royal Exchange have been jailed at the Old Bailey after pleading guilty to their crimes.

Shane McGloin, 30, and David Kelly, 25, were part of a gang that used sledgehammers to break into stores at the Royal Exchange in the City. Professional Jeweller first reported the incident last year, following the smash and grab robbery on August 14 2010.

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The pair fled the scene with jewellery and watches from De Beers and Omega stores, escaping in a red BMW.

McGloin, of Clerkenwell, and Kelly, of Archway, were each jailed for five years and nine months at the Old Bailey for conspiracy to commit burglary.

They were caught after police came to realise that the thin, 6ft 6in figure on CCTV was jewel thief McGloin. Evidence against him included a copy of Watch World magazine found at his home, which also carried a fingerprint of Kelly, who was shown by mobile phone analysis to have travelled to the site of the raid on the night of the robbery.

McGloin and Kelly were caught soon afterwards, following the discovery of the getaway car. Both a third man who took part in the raid and the getaway driver have been unable to be identified. The stolen goods have not been recovered.

Sentencing McGloin and Kelly, Judge Peter Beaumont, the Recorder of London praised the "excellent detective work" used to catch them.

Detective Chief Inspector Steve Chandler, of City of London police, said: "The CSI programmes on television are often a long way from a real police investigation, but this case combined real-life aspects of that forensic analysis with old-fashioned hard work to catch these two men."



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