Reports have increased the estimation of the value of watches and jewellery taken in an armed robbery at the Carlton Hotel in Cannes on Sunday to £90 million.
An article in The Telegraph said that detectives have reported that hotel staff underestimated the worth of the diamonds and jewel-encrusted watches stolen in the armed robbery at the French hotel and said that an in-depth inventory of goods stolen has revealed the value to be approximately £90 million. Initially, the value of the goods stolen – which the report suggests included watches – was estimated to be between £30 million and £35 million.
A single gunman was said to have walked into the hotel on Sunday lunchtime and wearing a scarf over his face and a crash helmet. He didn’t fire the gun but walked into a bedroom where the jewels were being kept before putting them into a briefcase and walking out.
The watches and diamonds were for a temporary exhibition by the Leviev diamond house.