This Article is From Mar 09, 2011

Paris police find $25M in stolen jewels in sewer

Paris police find $25M in stolen jewels in sewer
Paris: French investigators have found jewels valued at euro18 million ($25 million) hidden in a Paris rain sewer -- part of the spectacular 2008 heist from luxury jeweller Harry Winston's Paris boutique.

Nineteen rings and three sets of earrings -- one pair valued at euro14 million ($19.5 million) -- were dug up from a drain at a house in the working class Paris suburb of Seine-Saint-Denis, police said, confirming a report on Europe-1 radio.

The jewels were hidden in a plastic container set in a cement mould inside the sewer, police said. The house belonged to one of the nine people charged in the heist.

The bold Harry Winston robbery on Dec. 5, 2008, netted the thieves -- some dressed as women and wearing wigs -- gems and bejewelled watches worth up to euro85 million ($118.1 million), police said. More recently, police have set the figure at $85 million.

The Harry Winston boutique is on a street off Paris' famed Champs-Elysees Avenue dotted with fashion houses and fashionable cafes. The robbery, carried out while Christmas shoppers strolled outside, was among the most audacious in France in recent memory.

Some stolen rings, necklaces and watches were recovered when police rounded up 25 people in a June 2009 sweep and eventually charged nine of them.

Among those charged was the heist's suspected mastermind, who had been sentenced to 15 years in prison in a drug trafficking case. Police found stolen jewellery and euro760, 000 ($1.1 million) at this house.

A guard at the Harry Winston boutique put police on the trail of the suspects. When investigators learned that an Israeli was expected in Paris to buy some of the stolen jewels, police moved in to make the arrests.

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