Value of jewels heisted from Israeli billionaire upped to $136 million

The theft of diamonds and jewels owned by Israeli billionaire Lev Leviev could be the largest jewelry heist in years after the worth of the stolen items was estimated at $136 million.

Immediately following the July 28 robbery at a resort in Cannes, police estimated the value of the stolen jewels as $53 million. A more complete inventory of the stolen jewelry, however, raised the value, the Associated Press later reported.

A masked gunman stole the diamonds and jewels from an exhibition at the Carlton Hotel. The operation lasted about a minute, police told the Associated Press.

The French hotel’s display about the Leviev diamond house had been scheduled to run through August. — jta