Armed man steals $53 million worth of jewels in Cannes
An armed robber held up a jewelry exhibition in the French resort city of Cannes today, stealing jewels worth $53 million (40 million euros), a Nice police official told CNN.
The robbery took place at the Carlton Hotel in Cannes around 11:45 a.m. It follows two major jewel heists this year at events at the Cannes Film Festival.