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Sydney jeweller faked multimillion-dollar heist for insurance

April 21st, 2026

A Sydney jewellery store owner staged a fake multimilliondollar heist at one of his stores to pocket the insurance money, a jury has found. Michel Germani claimed his luxury store – Germani Jewellers at Sydney’s Hilton Hotel – was robbed by two men who bound him and a sales assistant with cable ties inside the shop in January 2023.

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