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Jewish Journal

JewishJournal.com

July 30, 2013

Leviev jewel heist value increased to $136 million

http://www.jewishjournal.com/israel/article/leviev_jewel_heist_value_increased_to_136_million

The theft of diamonds and jewels owned by Israeli billionaire Lev Leviev could be the largest jewelry heist in years after the worth of the stolen items was estimated at $136 million.

Immediately following the robbery on Sunday afternoon at a resort in Cannes, police estimated the value of the stolen jewels to be $53 million. A more complete inventory of the stolen jewelry, however, put the value at the higher number, The Associated Press reported Tuesday.

A masked gunman stole the diamonds and jewels from an exhibition at the Carlton Hotel. The thief threatened the exhibition staff and visitors, filled a briefcase with the jewels and fled in an operation that lasted about a minute, police told the AP.

Private security guards had protected the exhibit.

The French hotel’s display about the Leviev diamond house had been scheduled to run through August.

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