CHICAGO
05/16/2013 11:07 am ET Updated May 17, 2013

Magnificent Mile Mugging: 69-Year-Old Woman Robbed Of $100,000 In Jewelry, Cash In Broad Daylight

View more videos at: http://nbcchicago.com.

Updated story

UPDATE: Police say that surveillance video in the area has proven the below woman's story was a hoax. Detectives have yet to announce whether the woman will be charged for filing a false police report.

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A group of men reportedly robbed a 69-year-old woman of thousands of dollars in cash and jewelry in broad daylight in Chicago's busy Michigan Avenue shopping district Wednesday afternoon.

At least three young men -- and possibly as many as 10 -- surrounded the woman around 12:20 p.m. Wednesday in the 700 block of North Michigan Avenue and reportedly demanded she hand over all her valuables, police told the Chicago Tribune, based on the woman's account.

The thieves reportedly proceeded to take "several thousands of dollars" and expensive jewelry including a diamond brooch from the elderly woman, according to ABC Chicago, before fleeing the scene.

The robbery of the Homewood-Flossmoor woman, who was not hurt in the incident, took place outside of the Saks Fifth Avenue store.

"I'm OK. I'm lucky they didn't hit me," the woman, who declined to be identified, told NBC Chicago of the attack. "One said, 'Take off your jewelry or I will.' Another took my purse."

No one was in custody Thursday morning and no descriptions have been released of the robbers as an investigation continues.

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