An apartment in Placencia was burglarized of over $38,000.00. On Tuesday the 6th of October, an American businessman of Placencia, 50-year-old Michael Gargan’s apartment was burglarized. The thieves stole one metal safe containing two Rolex wrist watches which are valued at $18,100.00 each, two American Passports, and $2,500.00 in cash. All items stolen amounted to a total value of $38,700.00. Police have since detained two men of Placencia in connection with the burglary. Police investigations continue.