Louvre 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.
288 Articles
288 Articles
Louvre heist jewels valued at over US$100 million, as director faces grilling
The jewellery stolen from the Louvre in Paris was valued at more than US$100 million, a French prosecutor said Tuesday, as the museum’s director faces security questions from a Senate committee over the brazen weekend heist. The director, Laurence des Cars, has not made any public statement since thieves made off with royal jewels during a daylight robbery on Sunday that took just seven minutes. The Louvre is expected to re-open on Wednesday fol…
The damage to the spectacular theft of jewelry on Sunday at the Louvre was estimated at 88 million euros, said the prosecutor of the Republic of Paris.
The jewels stolen from the Louvre Museum in Paris are valued at 88 million euros (US$102 million), according to a French prosecutor, as the search for the stolen treasures continues.
By Luis Quintana, CNN en Español The jewels stolen from the Louvre Museum in Paris are valued at 88 million euros (US$102 million), according to a French prosecutor, as the search for the stolen treasures continues. Paris prosecutor Laure Beccuau told French radio station RTL that the value of the loot stolen in Sunday's daylight robbery had been estimated by the museum's curator. "This sum is truly spectacular, but we must remember that this da…
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