Crime

Over €1bn worth of luxury watches reported lost or stolen

The Watch Register, a crime prevention database, said there had been a “concerning surge” in recent years

Almost 80,000 high-end watches are now listed as stolen or missing by a global crime prevention database

New data has shown a sharp rise in the number of luxury watches being reported as lost or stolen.

According to The Watch Register, a global crime prevention database, almost 80,000 pieces worth more than £1 billion (€1.1 billion) are now registered as stolen or missing.

The platform said there has been a “concerning surge” in potential thefts in recent years.

Victims can register stolen products with The Watch Register. The platform is then ...