WILLEMSTAD, Curacao - Masked men in jackets emblazoned with the word "police" boarded a fishing boat Friday in Curacao and stole 70 gold bars worth an estimated $11.5 million, officials on the southern Caribbean island said.
The boat's captain was struck in the head in the early-morning assault before the thieves made off with the gold in three cars, police spokesman Reggie Huggins said. Authorities believe there were at least six men involved in the heist. No suspects were in custody.
Huggins declined to say who owned the approximately 476 pounds of gold, but he said it was a legal shipment that was being transshipped through Curacao, and officials on the island had been advised in advance that it was coming as part of normal security protocols. He declined to disclose the eventual destination of the metal.
"Authorities knew of the shipment because the official procedure was followed," the spokesman said.
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Huggins said that guards in the port area let the assailants inside a restricted area in the mistaken belief that they were customs officials.
The men's jackets had the word "police" in English, but in Curacao the word would be written in Papiamento, one of the island's three official languages, as "polis." Crew members on the ship said the thieves wore hoods and masks and made off with the gold in a matter of minutes.
"The crew said it was like a movie operation, very fast," Huggins said.
The boat, by its appearance, would seem an unlikely place to stash that amount of gold. The "Summer Bliss" is a fishing boat with rust streaks on its white cabin and no visible security.
Colin Sparman, executive secretary of the Guyana Gold and Diamond Miners Association, said legal shipments are typically made by air under heavy security.
Curacao, just north of Venezuela, is primarily known as tourist destination, particularly for divers. It is also an offshore financial center, especially for people from South America.

