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Woman who didn’t trust banks loses $224,000 life savings in home theft

ST. PAUL - Someone broke into a St. Paul home and stole an estimated $224,000 of gold bars, cash and jewelry, wiping out a woman's life savings, police said Wednesday.

ST. PAUL - Someone broke into a St. Paul home and stole an estimated $224,000 of gold bars, cash and jewelry, wiping out a woman’s life savings, police said Wednesday.

Officers were called Saturday to a St. Paul home where a 33-year-old woman and her 57-year-old mother live. They’d both gone to work about 9 a.m. and the younger woman got back to the home about 6:20 p.m.

She saw a locked side door had been pried open and the entire house ransacked and she called police, said Steve Linders, a St. Paul police spokesman.

The mother also returned home and officers noticed she “was very distraught and it appeared as if she was going to throw up,” said Steve Linders, a police spokesman.

They asked if she was OK and the woman told officers her entire life savings had been stolen.

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The woman said she didn’t trust banks, so she hid her valuables in her bedroom and they’d all been taken in the burglary.

Her retirement savings consisted of $60,000 in cash, 100 1-ounce gold bars and a diamond ring valued at $36,000 that her daughter had given her, Linders said. The gold bars would be worth about $127,000.

Related Topics: BURGLARY
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