Rolex Raiders Confess in Iceland Court Skip to content

Rolex Raiders Confess in Iceland Court

The two defendants currently on trial at Reykjavík District Court, known as the “Rolex Raiders”, confessed to having been party to the robbery of the watchmaker’s store Frank Michelsen on Laugavegur in Reykjavík last October at the filing of their case yesterday.


Laugavegur. Photo by Páll Stefánsson.

However, they denied having been involved in organizing the robbery. They are on trial along with two alleged accomplices, Morgunblaðið reports.

The two men are accused of having violently attacked the store’s staff and removing 49 watches of the brands Rolex, Tudor and Michelsen worth more than ISK 50 million (USD 382,000, EUR 307,000) combined.

According to the state prosecutor’s charge, the men, who are of foreign origin, explicitly came to Iceland to rob the store.

Its owners and employees are requesting ISK 26.5 million (USD 202,000, EUR 163,000) in damages. The case’s principal proceedings will take place on June 13.

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