• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Gem Market
Gem News
Gem Stocks
  • Gem Market
  • Gem News
  • Gem Stocks

Cannes Diamond Thief Still at Large

Charlotte McLeod
Sep. 05, 2013 11:40AM PST
Gem Investing

The Atlantic reported that the thief who stole $136 million worth of jewelry from an exhibition at the Intercontinental Carlton Cannes hotel back in July has still not been caught. John Shaw, a Paris-based insurance adjuster who is working with the French police, believes the recovery of the gems is “not probable but is possible.”

The Atlantic reported that the thief who stole $136 million worth of jewelry from an exhibition at the Intercontinental Carlton Cannes hotel back in July has still not been caught. John Shaw, a Paris-based insurance adjuster who is working with the French police, believes the recovery of the gems is “not probable but it is possible.”

As quoted in the market news:

“[The thief] was professional and very rapid,” Phillip Vique, an assistant prosecutor in the nearby town of Grasse, told the New York Times a day later. Vique told The Atlantic he was no longer divulging details about the investigation, which is ongoing.

The robber was not confronted with a particularly intimidating scenario. Because the exhibit had not yet opened, there were no hotel guests or customers milling about. In fact, he had arrived at exactly the most opportune moment, just beforethe high-profile jewels were to be loaded into secure display cases.

He did have to contend with a small group that had gathered in the room: two vendors, a show manager, and three unarmed private security guards, according to the Associated Press. But the threat of the firearm was evidently enough to hold them off.

Click here to read the full report from The Atlantic.

The Conversation (0)

Go Deeper

AI Powered
Rough, yellow diamond against a blue background.

Rio Tinto Unveils 158.2 Carat Yellow Diamond, Plus Rare Auction and Tariff Tensions

Diamond: Waiting To Exhale

Latest News

More News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Gem Investing Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES