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The Theft of the Century: Valued Jewel Collection Stolen from the Louvre Estimated at €88 Million

Chas Pravdy - 21 October 2025 21:36

In what is being called the most shocking and audacious art theft of the century, priceless jewelry pieces were stolen from the renowned Louvre Museum in Paris.

Experts estimate the total value of the stolen items at a staggering €88 million.

Paris prosecutor Lori Bekko stated that while the amount is enormous, it represents only a financial loss and cannot compare to the cultural and historical significance of the stolen heritage.

Authorities suspect the thieves intended to melt down the jewelry for profit.

Four individuals have been identified at the scene, though investigators believe there could be several accomplices involved in orchestrating the daring robbery.

The perpetrators reportedly gained access using a stolen lift platform, acquired through a fake rental agreement supposedly for equipment relocation.

Investigators in Paris have mobilized around a hundred officers to unravel the details of this high-profile case.

French President Emmanuel Macron condemned the theft as an assault on the nation’s cultural legacy, promising efforts to recover the stolen artifacts and prosecute all involved.

French Justice Minister Gérard Darmanen expressed concern that the incident has tarnished the country’s international reputation, while opposition leaders criticized the government for its apparent inability to adequately secure the museum.

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