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The criminal mastermind who took the Hatton Garden secrets to his grave

Known as the Guv’nor among his peers, Brian Reader was an old school villain whose final heist made him a folk hero. But just where did the treasure go, asks Marianka Swain

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He was arguably Britain’s most prolific thief, making more than £200million from jobs such as the Brink’s-Mat robbery and the Hatton Garden heist. He was also nicknamed “the Guv’nor”, and immortalis­ed on film by Michael Caine. Yet even in death, Brian Reader, who died aged 84, is still frustratin­g the authoritie­s and taking secrets to his grave – such as exactly how much loot he squirrelle­d away, how and where.

His demise itself was something of a swindle. Reader actually succumbed to colon and prostate cancer in September 2023 at his home in Dartford, Kent, but the news was initially concealed by his family – adult children Paul, 60, and Joanne, 59 (Reader’s wife, Lyn, died in 2009). However, only now has a death certificat­e, listing his profession not as a crook but a “retired gardener”, finally confirmed his death.

“His death came as no surprise,” one source in the know has commented, “but for some reason, his family and the criminal fraternity have been desperate to keep it a secret. They did not want it reported on and didn’t want any fuss around the funeral.”

It stayed quiet for so long, the source claimed, because of the ruthless reputation of Reader and his associates. “Nobody wanted to cross them by revealing the secret.”

The fact that they did manage to keep it under wraps in these oversharin­g times is indicative of the fact that Reader is a figure from another age. One policeman memorably labelled him “the last of the gentleman thieves”, and many have fallen for the romantic mythology surroundin­g Reader and his exploits. But is that really the legacy he deserves, or do those thrilling tales contribute to a rose-tinted view of a dangerous career criminal?

Reader began his thieving early, in the south London docks. He was born in Lewisham in 1939, and deserted by his father when still a boy, leaving him as the main breadwinne­r. At 11, Reader was stealing tinned fruit from local shops, which landed him in juvenile court in 1950. He received a 12-month conditiona­l discharge.

Prof Dick Hobbs, a specialist in organised crime at the University of Essex, described the area as “the blagger docks – a den of thieves”, which produced “the top villains in London. For someone like Brian Reader, it was like going to Eton.”

Reader was a diligent pupil. Aged 18, he was up at the Old Bailey, given two years’ probation for grievous bodily harm with intent and burglary. He then began to think bigger – much bigger.

Supported by a colourfull­y named gang known as the “Millionair­e Moles”, which included “Dirty Tony” Hollands, a renowned safe-cutter, John “The Face” Goodwin and Mickey “Skinny” Gervaise, Reader mastermind­ed a string of major heists in the 1960s.

That culminated in two massive hauls: £500,000 (£7million today) from raiding a post office in 1969, and a further £3million (£37million today) in 1971 from a Lloyds Bank on Baker Street, though he denied involvemen­t in the latter.

Oddly, alongside these nefarious activities, Reader was also a doting family man. In 1963, he married bookies’ assistant Lyn Kidd, and the couple had a son in 1964 and a daughter in 1965.

One of Reader’s friends recalled that he would always go home to his wife at night. “Unlike most successful criminals, he never had mistresses.” Reader took the family on holidays to Spain, or skiing in the French Alps. Lyn, in turn, always remained loyal.

More cynically, a detective who was involved in Reader’s later arrest pointed out that because he “never did a day’s legitimate work in his life, he had lots of time with his kids and wife”.

Still, life was hardly easy: in 1971, Reader had a lucky escape after suffering a serious head injury during planning for a bank robbery in Reading. He was surprised while scouting out the local telephone exchange and fell out of a window. His brain damage was so severe that he had to learn how to walk again. He was also fined £35 by the magistrate­s’ court.

None of that deterred him. November 26 1983 saw one of the largest robberies in British history, when six men broke into the Heathrow Internatio­nal Trading Estate and made off with around £26 million worth of diamonds, cash and gold bullion.

Reader and notorious gangster Kenneth Noye, to whom he was close, melted down large amounts of the bullion so that it could be sold without giving the game away. However, Noye was put under police surveillan­ce, and in January 1985 he stabbed undercover officer John Fordham to death, later claiming self-defence. Reader was with him at the time.

Both were found not guilty of the officer’s murder, but Reader was jailed for nine years for handling stolen goods, money laundering and fraudulent­ly evading VAT. Reader’s son was also arrested for contempt of court after he shouted that Reader had been “f---ing stitched up”.

A detective said Reader and Noye were “chalk and cheese”, before adding the “gentleman thief ” epithet. Another officer, however, claimed Reader viciously kicked the dying Fordham while he was lying on the ground.

A second puzzle is what happened to all that gold – more than half of which remains missing. Reader was desperate to find it, according to a former associate, and became convinced that a Hatton Garden diamond dealer had stashed it in his safety deposit boxes. “He did know every inch of Hatton Garden, after all,” the associate said. “It had always been

his manor and his contacts there were formidable.”

Is that why Reader was tempted into “one last job”, that classic crime drama staple?

Following his release from prison, Reader was made to promise to live a normal life by Lyn, now a riding instructor, and the family took the assumed name McCarthy. They moved to Dartford, where Reader and son Paul ran a second-hand car dealership.

Lyn died of cancer in 2009 and by 2015, the 76-year-old Reader had also been diagnosed with cancer, in his case prostate. But he couldn’t resist taking on the Hatton Garden heist, accompanie­d by a gang of so-called “Diamond Wheezers”.

During the Easter bank holiday weekend in April that year, these elderly thieves posed as constructi­on workers, gained entrance through a lift shaft, and drilled a hole in the 50cm-thick concrete vault wall beneath 88-90 Hatton Garden. There they ransacked 73 safety deposit boxes, stealing around £14 million (£19million today) of bullion, jewellery, gems and valuables such as designer watches – one of the biggest robberies in English history.

The unlikely story of this Dad’s Army-style gang captured the public’s imaginatio­n, and Reader became the star of several dramas. He was played variously (and largely flattering­ly) by Larry Lamb, Michael Caine and Kenneth Cranham.

But the heist wasn’t actually a success: the tricks they had learnt in another era did little to conceal their activity and the police were immediatel­y on the gang’s trail. Peter Spindler, the former Scotland Yard commander who oversaw the investigat­ion, commented: “They were analogue criminals ill-prepared for digital detectives.” They were filmed discussing the heist in pubs, were recorded on audio bugs reliving their thrill of the raid and were constantly ringing each other on mobile phones, before and after the heist.

In 2016, Reader pleaded guilty and received a six-year prison sentence but in the same year he was moved from Belmarsh Prison to an intensive care unit at Queen Elizabeth Hospital, south-east London, and then, after suffering a series of strokes, he was released in 2018 on health grounds. A judge ruled he wouldn’t have to return to prison for not paying back his £6.6million share of the robbery.

But just where did the treasure go? It’s estimated that only £4.3million has been recovered of that £14million. Unless Reader tipped someone off, his share at least will remain a mystery.

He was certainly comfortabl­e financiall­y. Last year, Reader sold three houses on his 7,000 sq ft Dartford estate for a reported £2.5million. Had he purchased them from his ill-gotten gains?

As for Reader’s legacy, there’s a lingering affection for his oldschool brand of robbery – targeting commercial premises, meaning corporate victims or millionair­es stashing their (insured) goods. So what’s the harm? Reader slots into a grand tradition of audacious thieves, from Robin Hood to Danny Ocean and Arsène Lupin.

Peter Bleksley, a former Metropolit­an Police detective, takes a different view. Commenting on Reader’s death, he said: “All this stuff about being a ‘gentleman thief ’ is complete nonsense. Reader, Noye and other south London gangsters of that era were the most unpleasant criminals imaginable.”

Either way, we’re unlikely to see their kind again, with a report by the British Bankers’ Associatio­n (now UK Finance) reporting a 90 per cent drop in robberies on British bank branches in the decade from 1992. Criminals have moved online: your bank account is more likely to be scammed than robbed.

In the first half of 2023, criminals stole £580million via fraud, according to UK Finance, with 77 per cent of Authorised Push Payment fraud losses driven by online platforms and telecommun­ications. As Ben Donaldson, UK Finance’s managing director of economic crime, pointed out, such activities involve “callous manipulati­on of the victim which can cause psychologi­cal and emotional harm”.

Compare a long-term, devastatin­g romance scam with Reader nicking a few diamonds, and you can understand why this thief – whether or not he really was a “gentleman” – captured the public’s imaginatio­n and why his death marks the closing of a chapter in British history. Perhaps that is his greatest heist of all.

‘The docks produced the top London villains – it was like Eton for criminals’

 ?? ?? All that glisters: part of the loot recovered by police following the Hatton Garden raid, below
All that glisters: part of the loot recovered by police following the Hatton Garden raid, below
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 ?? ?? The holes drilled to gain access to the Hatton Garden safe deposit
The holes drilled to gain access to the Hatton Garden safe deposit
 ?? ?? John Collins, Terry Perkins and Brian Reader caught on camera in a London pub just after the Hatton Garden heist
John Collins, Terry Perkins and Brian Reader caught on camera in a London pub just after the Hatton Garden heist
 ?? ?? Brian Reader in the late 1970s, left, and on his release from prison in 2018, right
Brian Reader in the late 1970s, left, and on his release from prison in 2018, right
 ?? ?? Michael Caine played Brian Reader in the 2018 filmabout the heist, King of Thieves
Michael Caine played Brian Reader in the 2018 filmabout the heist, King of Thieves

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