A man has admitted stealing a handbag containing a Fabergé egg and watch thought to be worth more than £2m.

Enzo Conticello, 29, of no fixed address, stole from the victim in Soho, central London, on 7 November 2024, Southwark Crown Court heard.

The handbag also contained a laptop and credit cards, which Conticello subsequently used to purchase cigarettes and other goods at supermarkets in the Soho area. The court heard the Fabergé egg had not been located.

Conticello admitted theft and three charges of fraud by misrepresentation. He was remanded into custody to next appear at the same court on 6 March.

Fabergé is a world-renowned jeweller founded in Russia more than two centuries ago, famous for its eggs made of gems and precious metals.

Addressing Conticello, also known as Hakin Boudjenoune, after he pleaded guilty, Judge Martin Griffiths said: "I expect it was probably quite a surprise to you when you discovered that egg.

"What you did with it, I don't quite know, but I expect we're going to find out."

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