Armed gang steals €4.5m of gems from Ritz Paris

14 January, 2018, 00:15 | Author: Julio Duncan
  • Armed gang steals €4.5m of gems from Ritz Paris

Police stand in rue Cambon at the back entrance of the Ritz luxury hotel in Paris on January 10, 2018, after an armed robbery.

Although police managed to arrest three suspects in central Paris, but at least two others got away, a police official told the media.

The overall value of the jewels on display was estimated at about 4.5 million euros (£3.9 million).

A police spokesman said that no one was injured in the robbery at about 6.30pm on Wednesday.

All the jewels stolen from shops in Paris' landmark Ritz hotel have been recovered, a source close to the case said on Thursday (Jan 11).

The five men arrived at the hotel in Paris' luxurious Place Vendome who were armed with hatchets.


One hotel employee told the AFP news agency: "We heard a loud noise and lots of racket in the street".

Writer Frédéric Beigbeder, who wrote prize winning 9/11 book Windows on the World took refuge in a basement as the men - armed with an axe and two handguns - swooped on the hotel.

'There were initial fears that a terrorist attack was going on, but it soon became clear that it was a robbery. French Interior Minister Gérard Collomb tweeted his praise of the French authorities for the swift and professional handling of the situation.

The Ritz, which re-opened in 2016 after a four-year refurbishment, and is owned by the Egyptian businessman Mohamed Al-Fayed.

It was the last place Princess Diana stayed before her fatal auto crash and is popular with elite guests from around the world. Five men, some wearing jackets with police insignia, held her at gunpoint, making off with several pieces of gold and diamond jewellery.

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