Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Aussie climbs, yen drops as US government shutdown approaches end

November 10, 2025

Oil steadies on US government shutdown talks progress, with ongoing oversupply concerns

November 10, 2025

Jim Cramer’s top 10 things to watch in the stock market Monday

November 10, 2025
Facebook X (Twitter) Instagram
Monday, November 10
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Paris prosecutor says 2 suspects in the Louvre jewel heist admit their involvement
Europe

Paris prosecutor says 2 suspects in the Louvre jewel heist admit their involvement

adminBy adminOctober 29, 2025No Comments5 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 17


PARIS (AP) — Two suspects in the Louvre jewel heist on Wednesday were handed preliminary charges of criminal conspiracy and theft committed by an organized gang, according to the Paris prosecutor’s office. The prosecutor said they admitted their involvement.

Prosecutor Laure Beccuau told a news conference that the two are believed to be the men who forced their way into the world’s most visited museum Oct. 19, and that at least two other accomplices are at large. The jewels remain missing.

The two were given preliminary charges and ordered held in custody pending further investigation, the prosecutor’s office said in a statement.

They have “partially” admitted their participation in the robbery, Beccuau said. She declined to provide details about the suspects’ statements to investigators because she said accomplices may listen.

It took thieves less than eight minutes to steal the jewels valued at 88 million euros ($102 million) on Oct. 19, shocking the world. The robbers forced open a window, cut into cases with power tools and fled with eight pieces of the French crown jewels.

Suspects’ DNA was found

The two men arrested on Saturday night “are suspected of being the ones who broke into the Apollo Gallery to steal the jewels,” Beccuau said.

One is a 34-year-old Algerian national who has been living in France since 2010, Beccuau said. He was arrested at Charles de Gaulle airport as he was about to fly to Algeria with no return ticket. He was living in a suburb north of Paris, Aubervilliers, and was known to police mostly for road traffic offenses. His DNA was found on one of the scooters used by robbers to leave the scene, she said.

The other suspect, 39, was arrested at his home in Aubervilliers. “There is no evidence to suggest that he was about to leave the country,” Beccuau said. The man was known to police for several thefts, and his DNA was found on one of the glass cases where the jewels were displayed and on items the thieves left behind, she added.

Video surveillance cameras showed there were at least four criminals involved, Beccuau said.

The four suspected robbers arrived onboard a truck equipped with a freight lift that two of them used to climb up to the museum’s window. The four of them left onboard two motor scooters along the Seine River toward eastern Paris, where they had some other vehicles parked, she detailed.

Beccuau said nothing suggests that the robbers had any accomplices within the museum’s staff.

The jewels are still missing

The jewels have not been recovered, Beccuau said.

“These jewels are now, of course, unsellable … Anyone who buys them would be guilty of concealment of stolen goods,” she warned. “There’s still time to give them back.”

Earlier Wednesday, French police acknowledged major gaps in the Louvre’s defenses — turning the dazzling daylight theft into a national reckoning over how France protects its treasures.

Paris Police Chief Patrice Faure told Senate lawmakers that aging systems and slow-moving fixes left weak seams in the museum.

“A technological step has not been taken,” he said, noting that parts of the video network are still analog, producing lower-quality images that are slow to share in real time.

A long-promised revamp — a $93 million project requiring roughly 60 kilometers (37 miles) of new cabling — “will not be finished before 2029–2030,” he said.

Faure also disclosed that the Louvre’s authorization to operate its security cameras quietly expired in July and wasn’t renewed — a paperwork lapse that some see as a symbol of broader negligence.

The police chief said officers “arrived extremely fast” after the theft, but added the lag in response occurred earlier in the chain — from first detection, to museum security, to the emergency line, to police command.

Faure and his team said the first alert to police came not from the Louvre’s alarms but from a cyclist outside who dialed the emergency line after seeing helmeted men with a basket lift.

Faure urged lawmakers to authorize tools currently off-limits: AI-based anomaly detection and object tracking (not facial recognition) to flag suspicious movements and follow scooters or gear across city cameras in real time.

Former bank robber David Desclos has told the AP the theft was textbook and vulnerabilities were glaringly obvious in the layout of the gallery.

Museum and culture officials under pressure

Culture Minister Rachida Dati, under pressure, has refused the Louvre director’s resignation and insisted that alarms worked, while acknowledging “security gaps did exist.”

The museum was already under strain. In June, the Louvre shut in a spontaneous staff strike — including security agents — over unmanageable crowds, chronic understaffing and “untenable” conditions. Unions say mass tourism and construction pinch points create blind spots, a vulnerability underscored by the thieves who rolled a basket lift to the Seine-facing façade.

Faure said police will now track surveillance-permit deadlines across institutions to prevent repeats of the July lapse. But he stressed the larger fix is disruptive and slow: ripping out and rebuilding core systems while the palace stays open, and updating the law so police can act on suspicious movement in real time.

Experts fear the stolen pieces may already be broken down and stones recut to erase their past.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Europe

Ukraine seeks Patriot systems from US

November 10, 2025
Europe

BBC boss and head of news quit over Trump edit

November 10, 2025
Europe

Photos show tense stillness of Ukraine’s Kherson, under threat from across the Dnipro River

November 10, 2025
Europe

Life through resilience in Kherson after Russian occupation

November 10, 2025
Europe

Paris court is deciding on Sarkozy’s prison release

November 10, 2025
Europe

BBC director resigns after criticism of the broadcaster’s editing of a Trump speech

November 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

China suspends ‘special port fees’ on US vessels – Markets

November 10, 2025

Pakistan’s net metering generation surges over 100% in Sept 2025 – Markets

November 10, 2025

KSE-100 could hit 203,000 by 2026 as reforms boost sentiment, says Topline – Markets

November 10, 2025

Gold rises more than 1% on Fed rate-cut bets, slowdown worries – Markets

November 10, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Aussie climbs, yen drops as US government shutdown approaches end
  • Oil steadies on US government shutdown talks progress, with ongoing oversupply concerns
  • Jim Cramer’s top 10 things to watch in the stock market Monday
  • US-China rivalry to last ‘decades’, Silkpunk creator Ken Liu on AI: SCMP daily highlights
  • China tightens controls on fentanyl precursors bound for US, Canada and Mexico

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Aussie climbs, yen drops as US government shutdown approaches end

November 10, 2025

Oil steadies on US government shutdown talks progress, with ongoing oversupply concerns

November 10, 2025

Jim Cramer’s top 10 things to watch in the stock market Monday

November 10, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.