Perth Mint Swindle

The Perth Mint Swindle is the popular name for the robbery of 49 gold bars weighing 68 kg from the Perth Mint in Western Australia on 22 June 1982. The bullion was valued at A$653,000 at that time (2011:$2.02 million).

According to police at the time, three brothers, Ray, Peter and Brian Mickelberg, orchestrated the robbery. The three went to trial and were found guilty of the conspiracy and sentenced in 1983 to twenty, sixteen and twelve years in jail respectively.

All three convictions were overturned in 2004. To date the case remains unsolved and continues to be fought by the Mickelbergs who maintain their innocence and allege a conspiracy by the Western Australia Police to frame them.

Soon after the robbery police investigations focused on the Mickelberg brothers. According to the police, the brothers stole cheques from a Perth building society and then fooled the mint into accepting those cheques in exchange for gold bullion which, it was alleged, the brothers had a courier pick up. The gold was picked up by a security company who delivered it to an office in Perth and then to Jandakot Airport, from where it seemingly disappeared.

In a separate matter, in September 1982 the three brothers, their parents and another man Brian Pozzi were charged over a matter relating to a manufactured gold nugget known as the "Yellow Rose of Texas". Perth Businessman Alan Bond had purchased the nugget for $350,000 in November 1980. It was later found to be worth less than $150,000 and Raymond Mickelberg and Brian Pozzi pleaded guilty to charges of conspiracy to fraud at their June 1984 trial.

After serving nine months of his jail term and having his conviction overturned on appeal, Brian was released from jail but died in a light aircraft crash on 27 February 1986 when the twin-engine plane he was flying ran out of fuel near Canning Dam on the outskirts of Perth. Whilst in prison, Ray and Peter embarked on a series of seven appeals against their convictions, essentially on the grounds that their confessions had been fabricated by police investigators. Ray and Peter served eight and six years of their sentences respectively before being released on parole.

In a bizarre twist, in 1989, 55 kg of gold pellets, said to have been from the swindle, were found outside the gates of TVW-7 (currently Channel Seven Perth), a Perth television station, with an anonymous note addressed to one of the station's reporters—Alison Fan—protesting the Mickelberg's innocence and claiming that a prominent Perth businessman was behind the swindle.

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Wikipedia