General
‘Inept’ Melbourne gold thief jailed for four years over multi-million dollar heist
A man who staged Victoria’s third-largest gold heist has been sentenced to four years’ jail, after pleading guilty to aggravated burglary, theft and possession of an unregistered firearm.
Key points:
- Karl Kachami walked out of the Collins Street store with more than 28 kilos of gold and $700,000 in cash
- The court was told it was an elaborate inside job caught on CCTV
- The judge said Kachami committed the crime to deal with a financial setback
Karl Kachami walked into Melbourne Gold Company on Collins Street in Melbourne’s CBD on April 27 this year, wearing a surgical mask, safety glasses, a broad-brimmed hat and armed with an unloaded pistol.
The 48-year-old left with more than 28 kilograms of gold worth about $2.5 million and more than…
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