BEIRUT: Police in Lebanon, where a banking crisis has forced people to stash cash at home, said Friday that three people have been arrested after stealing over $1 million from a private residence.
The three Syrians — a man, his wife and a relative — were arrested on November 11, a week after allegedly making off with the trove that had been kept in the safe of a house in Mount Lebanon, said a police statement.
The bulk of the cash had been recovered, but one of those detained had spent around $70,000 on a wedding, a car and furniture, it added.
Lebanon has been reeling from a financial crisis dubbed by the World Bank as one of the worst in recent world history.
It has driven people in the eastern Mediterranean country to hide a total of around $10 billion in their homes, according to central bank governor Riad Salameh.
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