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French police hunting stolen Louvre jewels arrest more suspects
Published by Global Banking and Finance Review
Posted on October 30, 2025
3 min readLast updated: January 21, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on October 30, 2025
3 min readLast updated: January 21, 2026
French police arrest more suspects in the $102 million Louvre jewel heist. Despite progress, the stolen treasures remain missing.
By Alessandro Parodi
PARIS (Reuters) -Police have arrested five more suspects linked to the theft of treasures worth $102 million from the Louvre Museum's Apollo gallery, the Paris prosecutor said on Thursday, expressing hope the latest developments will help them find the jewels.
Four hooded thieves made off with their booty during opening hours on the morning of October 19, exposing security lapses at the world's most-visited museum in a brazen daylight heist that sent shockwaves around the world and prompted soul-searching in France over what some viewed as a national humiliation.
Paris prosecutor Laure Beccuau told radio station RTL on Thursday the latest suspects had been arrested in coordinated raids in Paris and its northern suburbs on Wednesday evening. One of them was identified through DNA traces left at the crime scene but it was not clear if all were suspected of direct involvement.
The investigation was gaining momentum after phones and other objects found on the suspects allowed investigators to study encrypted communications they made, she added.
NO SIGN OF THE STOLEN JEWELS
Beccuau said a police unit specialised in the trafficking of cultural objects was scouring the black market to locate the stolen artifacts. She said the jewels could be used as a means to launder money or as a bargaining chip in organised crime circles.
Finding the jewels will be harder than finding the thieves, art crime experts have cautioned.
The plunder included royal necklaces, tiaras and earrings -- artifacts that may now be difficult to sell on. Alternatively, their jewels, including thousands of diamonds, rubies and emeralds, could be broken up and the stones recut, and the gold melted down, in a bid to disguise their provenance.
Beccuau sought to encourage those in possession of the treasures to surrender them.
"I want to make it very clear to those who are in possession of them today that the courts would obviously take into account the fact that no loss was caused by this burglary," she said.
TWO SUSPECTS 'PARTIALLY ADMIT' INVOLVEMENT
Shortly before the latest arrests were made, Beccuau revealed that two other men detained over the weekend in connection with the heist had "partially admitted" their involvement in the robbery.
One of them, a 34-year-old unemployed Algerian national living in France since 2010, was detained by police as he tried to board a flight to Algeria.
"At that point, we obviously had to speed up the arrest operations," Beccuau told RTL.
The other man, 39, was already under judicial supervision in an aggravated theft case, Beccuau said. Both live in Aubervilliers, a low-income neighbourhood in northern Paris.
The museum's cameras failed to detect the intrusion swiftly enough to prevent the robbery, which took between six to seven minutes. The shortcomings forced the museum to transfer some of its most precious jewels to the Bank of France under secret police escort for safekeeping, according to RTL.
Four people carried out the robbery, but Beccuau has said she did not rule out the possible involvement of a wider network, including a person who could have ordered the theft and been the mastermind behind it.
(Reporting by Alessandro Parodi;Editing by Sudip Kar-Gupta, Richard Lough, Philippa Fletcher)
A jewel heist is a theft that specifically targets valuable jewelry or gemstones, often involving elaborate planning and execution to bypass security measures.
Money laundering is the process of making illegally obtained money appear legitimate by disguising its original source, often through complex financial transactions.
Cultural artifacts are objects made by humans that hold cultural significance, often representing historical, artistic, or social values of a particular group or society.
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