Florida man stole 160K in gold coins from elderly couple, police say

Ceballos (PBSO)
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Ceballos (PBSO)

A Florida man has been accused of stealing nearly $160,000 worth of gold coins from an elderly couple in Riviera Beach, according to police.

Carlos Ceballos, 33, of West Palm Beach, faces charges of grand theft, false verification of ownership and dealing in stolen property, the Palm Beach Post reported. He was released from the Palm Beach County Jail on Thursday after posting a $10,000 bail, jail records show.

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According to Riviera Beach police, the victims reported that 80 of their 193 gold coins were missing from the safe located in their pantry. They told officers the 193 coins were worth a total of $406,327.

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The 80 coins were worth $2,000 each, totaling a value of around $160,000, according to the arrest report.

The victims told investigators that the only people who had access to the safe other than family members was her caretaker and the caretaker’s husband, Carlos Ceballos.

The female victim said she told Ceballos' wife what was in the safe, and she also told officers Ceballos did repair work around their home, the Palm Beach Post reported.

Investigators discovered that Ceballos sold 44 of the gold coins at a local pawn shop for almost $25,000, but the coins had an actual value of around $90,000.

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