Industry / Security & Crime

Over $10 Million in Jewels Stolen From Paris Piaget


On Aug. 1 at 1 p.m., an armed gang robbed Piaget’s flagship on Paris’ Rue de la Paix of merchandise worth 10 million to 15 million euros (approximately $10.9 million to $16.42 million), according to a statement from the Paris prosecutor’s office.

Police are currently investigating the theft, the office said.

An “investigating source” told the Daily Mail that a woman in a dress and two men in suits “calmly walked into the Piaget store and then threatened staff with a gun with a silencer on the barrel.”

The robbers then “forced a member of staff to open the display windows and a trunk where some of the most expensive pieces are kept,” the source said. “The raiders fled on foot, and then possibly got on to two-wheelers nearby.”

No one was reportedly injured in the incident. Richemont-owned Piaget did not return a request for comment by the time of publication.

The robbery comes within a year of other high-profile robberies at some of Paris’ toniest jewelers. In March, three men armed with assault rifles robbed a Paris Bulgari, which is next to the Ministry of Justice, according to the Mail. A security guard was injured during the robbery. It was the second theft at the store in two years.

In July 2022, thieves made off with goods worth almost £2 million (about $2.5 million) from a Chaumet store near the Champs-Élysées.

(Photo: Getty Images)

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By: Rob Bates

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