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Another Day, Another Jewelry Heist at a Cannes Hotel

The Carlton Hotel in Cannes this weekend saw the latest in a series of jewelry heists in the French seaside town. The BBC reported Sunday that an armed robber had stolen nearly €40 million worth of jewels (just over $53 million at current exchange) created by Leviev. "A full and urgent operation is under way to catch the culprit and recover these jewels," said a spokesman for the Cannes police. "Thieves see Cannes as rich pickings."