Masked men rob $2 million worth of diamonds in L.A.

Los Angeles - Police in Los Angeles are looking for a group of masked thieves who stole around $2 million in diamonds from a man in North Hollywood.

The LAPD announced on Friday that they are looking for a group of masked thieves. The thieves stole $2 million in diamonds from a man whose car was struck by the thieves, on purpose. The man told police that on Thursday night he left a friend’s house in North Hollywood when his vehicle was struck from behind. Detectives did not identify the victim, according to MSNBC. Richard French is a LA police department spokesman and he says that the man told authorities that his car was blocked after the other vehicle rear-ended his vehicle. Five or six men jumped out of their vehicle and smashed the man’s window. The men reached in the man’s vehicle and fight with the man to grab hold of the backpack that contained the diamonds. Police believe that the man was targeted and that he was followed on purpose, according to ABCLocal. It is not known if the diamonds were insured. Police think this is unusual because the diamonds were stashed in a backpack. As of now the thieves are still on the run. There are no suspects right now. LAPD is still continuing their investigation. Authorities are investigating the case as work done by an organized network. Gold and jewel theft could become more common because stocks and other types of investments are not doing to well due to the U.S. economy.