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Armed Gang Pulls Off Over $11 Million Heist At French Luxurious Retailer

The shop is positioned on the Rue de la Paix within the coronary heart of the French Capital.

Paris:

An armed gang robbed a Paris retailer of luxurious jewelry and watch model Piaget on Tuesday, making off with 10 to fifteen million Euros price of products in broad daylight, police and prosecutors stated.

In line with early indications, three individuals have been concerned within the theft at round 1:00 pm (1100 GMT), with at the very least certainly one of them carrying a weapon.

The gang fled the scene with their bounty, estimated at between 10 million euros ($11 million) and 15 million euros ($16.5 million). No one was damage, a police supply stated.

The shop is positioned on the Rue de la Paix within the coronary heart of the French capital, located close to the celebrated Place Vendome and residential to a number of shops of high-end jewelry manufacturers.

The final high-profile heist within the neighbourhood occurred in April, when three individuals on motorbikes robbed the Bulgari retailer, making off with a number of million of euros price of jewelry.

Piaget, based in Switzerland, makes luxurious watches with worth tags that may attain a number of tens of 1000’s of euros, and high-end jewelry.

It’s a subsidiary of the Richemont group, which additionally owns a number of different luxurious items firms together with Cartier, Baume and Mercier, Chloe, and Van Cleef and Arpels.

(Apart from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)

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Armed Gang Pulls Off Over $11 Million Heist At French Luxurious Retailer

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