WHY DID ALLEN IVERSON HAVE $500K IN JEWELRY IN A BACKPACK!?

By Mark Gallagher

Philly police are searching for a suspect accused of stealing $500,000 worth of jewelry belonging to former Sixers star Allen Iverson, Action News is reporting.

The incident happened yesterday morning around 10:30 a.m. at the Sofitel Hotel located on S. 17th Street.

Sources confirm the suspect removed $500,000 worth of jewelry from Iverson’s backpack before getting away. Iverson was not present at the time of the theft.

The suspect is described as a 20-year-old man, standing 6-feet inches with a thin build.

He was last seen wearing a dark-colored jacket, red shirt, dark-colored pants and black and white sneakers.

Which raises the question:

What is Allen Iverson doing with half a million in jewelry in a backpack!

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