french culture ministry admits stolen louvre jewels valued at 102 m are not insured 1234758527
Masked thieves stole jewels once belonging to Emperor Napoleon III and Empress Eugénie from the Louvre in a daylight smash-and-grab, using a furniture lift to access the first floor and cutting into display cases. The stolen items, including a diamond-encrusted brooch, diadems, necklaces, and the empress's crown (which was dropped during the escape), are valued at $102 million. French officials have admitted the loot is not privately insured, meaning the state will not be reimbursed if the items are not recovered. Louvre director Laurence des Cars blamed a "terrible failure" in security, offered her resignation (which was refused), and acknowledged staff did not detect the thieves soon enough.
