Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing
Podcast Image

Matthew Cox | Inside True Crime Podcast

Billion Dollar Jewel Thief Reveals His Secrets!

12 Oct 2025

Transcription

Chapter 1: What was the origin of Punch's criminal career?

0.031 - 22.613 Unknown

where nothing can stop i tunnel into the bank i go right to the safes we always went for the gold it's a billion dollars just those 10 jobs your father was part of a group known as the pink panthers and your father is one of the guys that kind of helped put them together and they went out and started committing heists is that is that is that a semi-accurate you think

0

23.032 - 38.237 Matthew Cox

Well, it's not inaccurate because there's more to the story. That's why we're here. Yeah, that's why we're here. Well, it all started in New York. Okay, that's where the first heist took place in New York. They didn't happen in Yugoslavia or in Serbia or anything like that.

0

39.039 - 40.061 Unknown

Had your father moved to New York?

0

40.582 - 54.068 Matthew Cox

Yeah, yeah. When did you guys move there? My father's been here since the 50s, since the 60s, you know. Okay. My father was my first victim, okay. I used to go into his pockets ever since I can remember as a child, you know.

0

54.048 - 77.758 Matthew Cox

going to school in long island right uh phillips lane elementary i'm like what 10 years old 11 11 12 right before i go to school in switzerland i was going to my dad's pockets man so i was a little thief you know right and uh i would take two 300 bucks 500 bucks go to the mall play video games you know stupid stuff But that's how I started.

78.239 - 96.031 Matthew Cox

And then all his friends, his friends were always very honest with me. You know, like, you know, your dad's a thief, right? You know, you're going to be a thief too. Like your dad's a boss. You're going to be a boss. Like, you know, so my, my path and destiny, my, my destiny was already like paved out early. Right. When I was a young kid, they already like, you're going to take over.

96.051 - 113.909 Matthew Cox

You're going to do what your dad does. You know, he's the best at it. You know, and that's why he got a lot of respect from, like, the LCN members. And, I mean, they respected the hell out of him. I mean, I can't even begin to tell you how much they respected him. But they respected him like he was a made guy. You know, like a made member.

114.349 - 129.304 Matthew Cox

I grew up, you know, seeing what my father was organizing and what he was doing firsthand. And I understood it at a very early age that it was wrong. That it was not... Legal. But it was okay.

129.545 - 131.127 Unknown

What did your mom think about the whole thing?

Chapter 2: How did family influence Punch's life as a thief?

161.139 - 182.74 Matthew Cox

If you want, you could do a job. And I was supposed to go on a job probably that week and my mom was like, let me show you something in New York. And she didn't have to say anything. I just, you know, I went along with my mom and I seen everything that I needed to see and I brought the schematics to my father and he was impressed.

0

183.125 - 187.793 Unknown

When you scope this place out, what are you looking for? How can you tell, oh, this looks like a good place?

0

188.875 - 213.632 Matthew Cox

First, you have to look at the location. The way Manhattan is designed is amazing. It's made for stealing. If somebody wanted to design a place for you to steal, that's exactly the way you would map it out. Yeah, I look for like the entry point, the exit. I look for the alarms. I look at who's alarming the place, who's insuring the place. And then I look at the value of how much they have.

0

213.913 - 219.639 Unknown

How'd the Indian... India Star Gem Company, right? Yeah, how did that... What happened there?

0

219.719 - 231.812 Matthew Cox

I had keys to like five buildings down. And that's how I got into the backyard of 47th Street or 48th Street, whatever street that was. And if you could get into the backyard, you could...

231.792 - 233.476 Unknown

Now nobody can watch you.

233.496 - 247.59 Matthew Cox

You have plenty of time to get in. Yeah, you're hidden from all the elements. And yeah, we pulled in like, I don't know, five, six big duffel bags full of rubies, diamonds, sapphires, semi-precious and precious stones.

247.925 - 271.992 Unknown

So after that, what happens? What happens with your mom, your dad? They're like, hey, this is good. And now you're in it. Is that what's happening? Now you're like, are you thinking, no, no, I got a million. I'm going to invest in this pasta factory. I'm going to kick back and I'm all good. And then you went to college and became a CPA and

271.972 - 286.993 Matthew Cox

Yeah, that would be the ideal story. That would be perfect. No. I wish it was like that. Oh boy. Yeah. So I never opened the pasta factory.

Chapter 3: What strategies are used to plan a heist?

678.212 - 699.701 Matthew Cox

Yeah, I'm opening, I'm getting $3 million out of the, you know, we got $3 million out of the safes. I'm happy. That's a great score. Me and my friend and my father and, like, two other guys. It's a great score. And easy to open the safes because I know how to open them. I know what kind of safes they are. You know, there's, like, hundreds of versions of different safes. You have Chatwood Milner.

0

699.741 - 720.668 Matthew Cox

You have Gary. You have Empire. You have Diamond Vault. You have, you know, Alaka. You know, like, you have all these safes. Each one is opened in a different fashion, in a different way. And then vaults are opened differently also. We go through the ceiling with hydraulics or, you know, it's really interesting. The technical stuff.

0

722.07 - 743.284 Matthew Cox

When they ask me, like, you know, the technical stuff is very exciting. It's very James Bond-ish, you know. So let's get back to the money, right? So I'm kicking these bags. And I take the jewelry and stuff out of the two safes, me and my guy, and we leave. And my father is on the walkie-talkie.

0

743.324 - 766.975 Matthew Cox

I get to my office because that's how I got to that location from my office, which you're not supposed to be there at night because that's only like a daytime business. So we're there at nighttime. I'm in the backyards. And that's how I got to this place. to that location, which was 55 West 47th Street, the world's largest exchange.

0

767.696 - 790.324 Matthew Cox

That's where this money was, you know, the $23 million that I left. So I didn't know what I left. I didn't know what I was kicking until my father, you know, hits me in the head with the newspapers. And it says on the newspapers that stupid burglars leave $23 million behind. And it was on a newspaper front page, late edition. And then I think the Daily News or the Post said $16 million.

791.907 - 796.487 Unknown

And they registered on my that's what was in the in the bags.

796.668 - 798.677 Matthew Cox

Yes, that's what that's what was in the bags.

798.792 - 805.582 Unknown

When did you figure out, like, first of all, how did they know that it's left there?

805.742 - 824.169 Matthew Cox

Okay. Because I was stuck in the office for hours. My father said, don't go anywhere. The feds are outside. It looks like somebody killed somebody. What the hell did you guys do? I'm like, I didn't do anything. I did the job and that's it. I'm like, no, no, there's more to this. There's feds. There's, you know, this is more, it's a big crime scene now. And my father's getting nervous.

Chapter 4: What was the outcome of Punch's first major heist?

868.848 - 891.499 Matthew Cox

So Edo, Ranco, and maybe Zaro, I don't know if Zaro was with me. And we go, and I'm on the ledge, I open the window, And I get into the thing. I go right to the safes. I open one safe. The other one, I ran out of oxygen. I went to go get the tank. I'm kicking these bags. I'm like, what the? I'm confused. I'm like, what is this? Dirty laundry? But it was very thick.

0

891.559 - 907.719 Matthew Cox

It was like when I kicked it, I hurt myself almost. I was like, oh, wow. I didn't know what it was. I didn't understand, you know, but the room was all like the chairs were on top of each other. It wasn't like a room that they use. It was like a storage room almost, but that's where all the, the, the, the, the bottles were.

0

907.959 - 908.24 Unknown

Right.

0

908.26 - 932.6 Matthew Cox

The Oxy Salon bottles, the oxygen bottles that I needed to, you know, to use. So, um, you know, and I didn't know until like five, no, like seven, eight hours later until the newspaper printed it. And it was in the news. The media is the one that broke it. So the whole time, my father comes to our office and we're watching now because we can see the whole street and something happened.

0

932.62 - 941.136 Matthew Cox

There was the feds and they arrested 11 people. They took out in handcuffs. They arrested Hasidics, like, you know, Jewish people for money laundering.

942.01 - 947.077 Unknown

So they were laundering, so they were using their jewelry companies to, or the gym company.

947.117 - 953.926 Matthew Cox

Yes, to launder money for like Colombian drug dealers. And for three months, the feds are watching them across the street from the hotel.

954.427 - 956.33 Unknown

So they're watching the building while you're robbing it.

956.35 - 976.046 Matthew Cox

While I'm robbing the place. And they have it on recording. And that's why they raided them in the morning, because they knew that we did the robbery, we did the burglary at night. So we made a big hole in the door and everything. So the feds came and arrested them because I never took the money. They took the money. The feds took out the bags of money and everything.

Chapter 5: What insights does Punch share about his time in prison?

4409.026 - 4415.26 Matthew Cox

Punch can do 10. Exactly. So he's like, I know things. I know things. Let me give you a couple of heist things.

0

4415.24 - 4418.047 Unknown

And Punch is already, he's already in the state right now.

0

4418.067 - 4437.408 Matthew Cox

I'm already in the state, like he's already doing comfort crimes. Fill out some paperwork. Exactly, he's like, just bring him in. And that's exactly what they did. So when I came in, now remember, the state is a lot more violent than the feds. So when I came in, I was on, I was a very different unit. I was like 245, you know, bald head. I was extremely big.

0

4437.448 - 4463.828 Matthew Cox

I had rotating two razor blades in my mouth at all times. I was extremely, I was, wow, like I was scared of myself, you know, because I had to survive those years, you know, in institutions where there was gladiator, like in school. They play Razortag in the yard in the summertime. It's ridiculous. Rikers Island is a very different animal, and upstate New York is a different animal than the Feds.

0

4463.868 - 4469.195 Matthew Cox

The Feds is nice. I loved it. I mean, the time that I had there was amazing.

4469.375 - 4470.797 Unknown

Yeah, yeah. If you've got to do time.

4471.158 - 4474.963 Matthew Cox

Oh, yeah. You can play tennis in Otisville. Like, yeah.

4474.943 - 4478.007 Unknown

Tennis. No, I know. They had a tennis court at Coleman.

4478.227 - 4498.24 Matthew Cox

Yeah. Tennis in Otisville. I mean, three courts or four courts. I would go to... I would get a salad bar. You know, the rice, the Desert Storm rice and the salad bar that they have. And you have rotating chairs like you're in McDonald's and a salt and pepper shaker. Yeah. commissary, you have a card, you just go anytime and you can buy whatever you want.

Chapter 6: How does Punch describe his transition back into society after prison?

4525.408 - 4525.929 Matthew Cox

Oh, yeah.

0

4525.949 - 4528.231 Unknown

When they bring that, they call them exotics.

0

4528.251 - 4530.934 Matthew Cox

Exotics, yes. We don't have that here.

0

4531.054 - 4532.876 Unknown

It's worth like five times as much.

0

4532.956 - 4535.378 Matthew Cox

Yes, yes, yes. So that's exotic. Cheetos.

4535.819 - 4539.122 Unknown

You got like Cheetos and they don't have Cheetos. Of course.

4539.102 - 4558.163 Matthew Cox

Of course. People don't understand where we come from, where we spent time and learned to be the best versions of ourselves. People don't really... It doesn't click. But I can relate to you and you can relate to me because we were in places... Where?

4558.785 - 4565.263 Unknown

Did they still have soda machines? Oh, yeah. Like when you went up through the chow line, you could go up and get Coca-Cola.

4565.884 - 4572.703 Matthew Cox

Sure, sure. Bro, I got the last couple months after I was there about two months. Ice cream machine, that ice cream machine.

Chapter 7: What are the key themes in Punch's reflections on crime and addiction?

4612.158 - 4630.322 Matthew Cox

No, I maxed out. I came home. I beat the feds. I beat everything. I was one of the only guys that took it to them because I was going to trial. I was taking it all the way. I did not cooperate. I did not do a 5K plan. I went all the way. I don't understand.

0

4632.205 - 4633.106 Unknown

You were in the state.

0

4633.146 - 4634.668 Matthew Cox

I was in the state doing my one to three.

0

4635.049 - 4637.352 Unknown

They picked you up. After how long?

0

4637.332 - 4642.66 Matthew Cox

Uh, after like, uh, maybe, uh, two years. Okay. So they picked you up.

4643.14 - 4645.564 Unknown

You got charged for the bank robbery. How much time did you get for the bank robbery?

4645.584 - 4647.547 Matthew Cox

Nothing. I beat it. Statute of limitations.

4647.567 - 4649.49 Unknown

Okay. But how'd you, you ended up in the Fed though?

4649.93 - 4650.171 Matthew Cox

Writ.

Chapter 8: What does Punch reveal about his future projects and goals?

4697.411 - 4697.832 Matthew Cox

No parole.

0

4697.98 - 4724.427 Matthew Cox

so you got a regular job working at mcdonald's and never looked back and you've been you wish you wish you wish that was the case no i had fifty thousand dollars seventy thousand in my bank account because i learned how to invest in uh in uh in stocks uh you know growth funds uh be you know uh like bb growth funds you know janice mercury and i learned from like crazy eddie and these guys that were in there for these big uh you know crimes

0

4724.407 - 4744.835 Matthew Cox

for stocks and stuff. I wanted to know how Milken did it, and Michael Milken and these guys. And Eddie Antar sat me down, and we used to go to the law library, and he showed me how to read Wall Street. He showed me how to read, what is it? Wall Street Journal, right? And he said, this is what you look for. I said, break it down to me, man. I said, I'm a genius, break it down to me.

0

4745.255 - 4768.702 Matthew Cox

You don't have to teach me, just show me, and I'll teach myself, you know? And, uh, I put in like, you know, uh, my first investment was 7,000 and I got like 50 back and then I put another 15,000 and then I, I just couldn't believe the amount that I was getting, uh, which was, um, I was getting checks, uh, every three months income was coming to my, to my, my inmate account.

0

4768.762 - 4776.472 Unknown

Commissary. Yeah. So, you know, I had, I had big numbers in my commissary. Well, so when you got out, what happened? What did you do? You had a chunk of change.

4776.712 - 4796.5 Matthew Cox

Yeah, I had some money already. So I didn't even need any handouts from anybody. And I had a big party. People came to my birthday party. I mean, to that party. It was not a birthday party. It was like a party in Manhattan. And I hooked up with all my friends that, you know, where I left off. And they were waiting for me, man, because they were starving when I was gone.

4796.48 - 4816.851 Matthew Cox

You know, nothing was moving. Everybody retired. Everybody like stopped working like the way we were working. And it was very slow. So when I came, I was like, hey, before I even got home, I was like, get the jobs ready. I'm coming home to no parole. You know, at first I thought maybe there was going to be some static. Maybe somebody is going to be watching me, you know.

4816.831 - 4821.417 Unknown

So when you got out, these guys are lining up to say, let's let's let's go.

4821.497 - 4822.038 Matthew Cox

Let's rock and roll.

Comments

There are no comments yet.

Please log in to write the first comment.