Police did not immediately know whether the men who invaded Sadek’s home were collecting on a debt or were there to rob him. They were taking cash and jewelry, Lt. Fox said.
The gunmen forced their way into a home on a street called Longboat, off Pelican Ridge, just before 10:15 p.m. Tuesday, according to Lt. Craig Fox of the Newport Beach Police Department. The “Pelican Ridge” community is about two miles inland and is located in a part of Newport Beach known as Newport Coast.
The home is owned by Daniel Sadek, a prominent former subprime lender.
Police were notified about the robbery by someone who called 911 with a cell phone from the backyard of the house, Fox said.
Fox told KTLA that three people inside the home were struck on the head during the robbery, including Sadek who was hospitalized.
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