In the latest smash-and-grab heist, a team of looters stole an estimated $2 million in wristwatches from a luxury car dealership in Chicago on Saturday, police say.

The pair of hooded and masked suspects are seen in security footage breaking into the Bentley, Lamborghini, and Rolls-Royce dealership on 834 North Rush Street and smashing display cases containing the watches.


A total of eight watches were taken by the two suspects, according to the dealership's owner Joe Perillo. The stolen watches were reportedly Richard Mille brand, which retail for hundreds of thousands of dollars.

"He was smart enough not to raise the gun, because my people had guns," Perillo said, according to Fox 32. "If he raised that gun, he would have been shot, we’d probably be in court defending ourselves."

The suspects, described as two black males, escaped with the watches in a getaway vehicle, CWB Chicago reports.

Earlier that day in Chicago, six suspects robbed an Oak Street retailer and escaped with over $20,000 worth of high-end coats.

Both robberies occurred as Chicago Police said they had extra security resources in the downtown area to prevent retail theft, following several smash-and-grab instances last week, Fox 32 reports.

The phenomenon of smash-and-grab looting sprees has been on the rise in recent months, with flash mob-style robberies striking retail stores across the nation.

Perillo said that city officials need to take action to stop rampant crime, or businesses will begin to flee the city.

"The mayor and Kim Foxx have to take a firm stand. It is wrong for someone to break into a place — if they get caught, they get let out!" he said, the Daily Mail reported. "If they get arrested, they get let go. So, how do you intend to ever solve that problem?"

"If they don't do anything about this, they're going to lose a lot of businesses. They lost Macy's. They're losing Neiman Marcus. They may lose this store," he continued.

Former President Donald Trump called on governors last month to deploy the National Guard to combat "smash-and-grab" sprees.

“If Democrats don’t immediately stop smash-and-grab robberies, which are taking place in their cities, the National Guard must be called out. There has never been such a thing that has happened in our Country," Trump said in a November statement.


"Large numbers of stores are leaving San Francisco and other cities. Some chains are closing most of their stores, it is all not even believable," Trump continued.