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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Jewel thieves steal $53 million in Cannes

Associated Press

PARIS – A staggering $53 million worth of diamonds and other jewels were stolen Sunday from the Carlton Intercontinental Hotel in Cannes, in one of Europe’s biggest jewelry heists in recent years, police said. One expert noted the crime follows recent jail escapes by members of the notorious “Pink Panther” jewel thief gang.

The hotel in the sweltering French Riviera was hosting a temporary jewelry exhibit from the prestigious Leviev diamond house, owned by Israeli billionaire Lev Leviev.

A police spokesman said the theft took place around noon, but he could not confirm local media reports that the robber was a single gunman who stuffed a suitcase with the gems before making a swift exit. The spokesman spoke on condition of anonymity.

The luxury Carlton hotel is situated on the exclusive Promenade de la Croisette that stretches a mile and a half along the French Riviera, and is thronged by the rich and famous throughout the year. The hotel’s position provides not only a beautiful view of the sea but also an easy getaway for potential jewel thieves along the long stretch of road.

The valuable gems were supposed to be on public display until the end of August. It was not immediately clear how many pieces were stolen.