US EditionLouvre heist losses estimated at 88 million euros
- At 9.30 a.m. Sunday, four men used a truck-mounted powered extendable ladder to enter the Galerie d'Apollon, spending under four minutes inside and escaping on two motorbikes.
- Security officials acknowledged lapses amid staffing and budget pressures as visitors were present 30 minutes after opening, five security staff acted and alarms sounded during the theft at the Louvre Museum.
- Among the items taken were high-value Napoleonic jewels including a sapphire tiara, while a dropped crown with 1,354 diamonds and 56 emeralds was found damaged.
- As of Monday the Louvre remains closed and officials reassessed security, Justice Minister Gérald Darmanin said `we have failed`, while more than 60 investigators intensified the hunt Tuesday.
- Art-Recovery experts note historically low recovery rates of about 10%, and jewels face extra risks as melting and recutting often hinder retrieval of Napoleonic jewels.
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449 Articles
Parisian prosecutor Laure Beccuau speaks of a "spectacular sum" - to 88 million euros the curator of the Louvre estimates the damage after the crown jewel theft two days ago. But even higher is the ideal damage.
Following the break-in at the Louvre, the museum estimated the material value of the stolen jewels at 88 million euros. The Louvre and the French government reject criticism of possible security deficiencies.
Three days after the theft of precious jewels, the Louvre in Paris is open again to visitors. Investigators apparently identified four suspected perpetrators.
Stolen Louvre jewels worth an estimated €88 million says prosecutor
Following the daring theft from the most visited museum in the world on Sunday, more than 100 investigators are currently working to find the four suspects and missing gems, according to Paris prosecutor Laure Beccuau.
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