On May 29, Monaco Watch Company was robbed, losing 83 luxury watches. The store managers are offering a reward for any information that leads to the arrest of the culprits or the recovery of the stolen items.
The stolen watches include 32 Rolexes, 20 Patek Philippes, and 9 Audemars Piguets. Photos and technical details of these watches can be found in the "Stolen Watches!" section on the Monaco Watch Company website. The robbery occurred on the morning of May 29, shortly after the store opened on Boulevard des Moulins. A person disguised as an elderly man threatened the lone saleswoman present and stole dozens of pre-owned luxury watches within ten minutes. The thieves, who did not use physical violence or firearms, made off with over 4 million euros worth of watches, according to the Monaco public prosecutor.
After the robbery, the thief and an accomplice fled on a scooter, crossing through the center of Beausoleil. The thief wore gloves and used a spray to eliminate any traces of their presence.
The two criminals are still at large and are being actively pursued by Monaco's Public Security investigators, with assistance from the Nice judicial police. A judicial investigation has been assigned to a Monegasque judge for "armed robbery and criminal association."
Determined to resolve this case quickly, the Monaco Watch Company managers, including German-born Ukrainian Sergej Kruglikov, have announced on their website: "We offer a reward for any decisive information leading to the arrest of the perpetrators or the recovery of the watches."
The financial reward will vary based on the value of the information provided. A "small" reward will be given for information that helps resolve the case, and a "large" reward will be given for information that directly leads to the arrest of the culprits or the recovery of the stolen watches.
"We have full confidence in the remarkable security of the Principality for both people and property. We also have full confidence in the investigators' ability to solve this case," the managers stated in a written response to Monaco-Matin. "Finally, we have complete trust in the Monegasque justice system to severely punish the perpetrators of this heinous robbery when the time comes."
While awaiting the investigation's outcome, the managers reopened the store in early June, though the saleswoman remains on leave due to psychological trauma. They have been actively communicating on social media—sometimes with humor—about new watch arrivals. "Our business has resumed because we are recognized professionals in our field, and we remain fully available to our customers. We want to reassure them, as they are also victims of this heinous act. Everything is currently under control, in coordination with the Monegasque authorities, our lawyers, and, of course, our insurer."
A security guard will be assigned to monitor the store, and additional cameras will be installed.
Despite the wave of support received after the robbery, the managers have faced rumors of insurance fraud and possible collusion with the saleswoman, based solely on leaked surveillance footage.
"We must immediately put an end to the malicious and defamatory rumors we have heard regarding this incident, which has severe material and psychological consequences. Our employee present during the attack is recovering from the trauma, and we show her our daily support as her employer."