theft news and archive

Thieves strike Louvre Museum in daring daylight jewellery heist

Just as the slick capers of the TV series Lupin captured imaginations with daring thefts at the Louvre, this past Sunday morning a real-life iteration played out, only with far more serious consequences. The world’s most-visited museum was forced to shut down while French authorities sift through one of the most audacious cultural robberies of...

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Police arrest Valentino store robbery suspect in Paris

Paris police on Tuesday fished a man out of the Seine river, which he jumped into after he rammed a car into a Valentino store and robbed dozens of luxury handbags. The 24-year-old suspect smashed into the store around 2:00 am on the high-end Rue Saint-Honore, a police source said. He grabbed as many as 30 luxury handbags and other items before...

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Business|ANALYSIS

Organized theft costs US retailers 700.000 dollars per each billion dollars in sales

Major retailers across the U.S. are facing a surge in organized shoplifting, with about 80 people participating in the organized ransack of a Nordstrom store in California and more than a dozen people swiping merchandise from a Louis Vuitton store in Chicago, where Neiman Marcus saw one of its store also looted. On Thanksgiving day another...