Cannes jewel theft: Insurer Lloyd's offers million-dollar reward for clues
August 7, 2013 -- Updated 1440 GMT (2240 HKT)
- The robbery took place July 28
- The jewels are worth close to $136 million
- Security guards were present but unarmed
(CNN) -- Insurers Lloyd's of London is offering a reward of up to €1 million ($1.3 million) for information that will lead to the recovery of the jewels stolen from an exhibition in the French resort city of Cannes last month.
"A reward of up to €1 000 000 pro rata is offered to the first person who provides information which leads to recovery of the goods. Offer subject to certain conditions," the insurer said in a statement Tuesday.
The robbery took place July 28 at a jewelry exhibition in the luxury Carlton Hotel -- the third gem theft around the city since May.
Police hunt clues in heist
Brazen jewelry thefts in Cannes
Whopping $136 million jewel heist
Epic diamond heist on French Riviera
The Nice prosecutor's office told CNN on Monday that the value of the stolen jewels was close to $136 million.
The robber, whose face was covered by a hat and a scarf, had a semiautomatic pistol and threatened to shoot the exhibitors and guests, according to Philippe Vique, deputy prosecutor for organized crime in the prosecutor's office.
Security guards were present but unarmed, he said. No one was injured.
"It was definitely a professional heist, I've been saying that from day one," said Larry Lawton, who himself served time for jewelry thefts but is now an author and motivational speaker.
He suspects the Cannes thief had an "inside guy" who provided information on where to find the jewels.
The robbery follows two major jewel heists this year during the Cannes Film Festival in May.
A necklace worth $2.6 million was stolen from a hotel party shortly after jewels worth more than $1 million were stolen from a safe in a hotel room.
Most notable diamond heists
Part of complete coverage on
December 10, 2013 -- Updated 1900 GMT (0300 HKT)
Presidents and prime ministers, celebrities and royals joined tens of thousands of South Africans to pay tribute to Nelson Mandela.
December 10, 2013 -- Updated 1235 GMT (2035 HKT)
President Obama pays tribute at the Mandela Memorial: "Mandela reminds us that it always seems impossible until it is done," he said.
December 9, 2013 -- Updated 2311 GMT (0711 HKT)
Until he returned home this weekend, Merrill Newman -- an American held in North Korea -- had no idea what a story he'd become.
December 10, 2013 -- Updated 0246 GMT (1046 HKT)
Transportation throughout the inhospitable Arctic region may soon be revolutionized.
December 10, 2013 -- Updated 1430 GMT (2230 HKT)
There were no genetic tests 400,000 years ago, so our ancient relatives didn't know as much about themselves as we know about them now.
Theme parks, sports stadiums, and city squares are among the most popular destinations that people checked into on Facebook in 2013.
December 10, 2013 -- Updated 1653 GMT (0053 HKT)
At a time when many have lost faith in the global financial system, Bitcoin is being hailed as the future of e-commerce.
December 10, 2013 -- Updated 1346 GMT (2146 HKT)
Actress Eleanor Parker, nominated for three Oscars and known for her "Sound of Music" role, died Monday at 91, her family said.
December 10, 2013 -- Updated 1249 GMT (2049 HKT)
Director and actor Charlie Chaplin made Virginia Cherrill perform one scene -- in which she says just two words in a silent film -- 342 times.
December 10, 2013 -- Updated 1118 GMT (1918 HKT)
Each volunteer at Yekokeb Berhan in Ethiopia will take in 25 disadvantaged children as her own.
December 10, 2013 -- Updated 1611 GMT (0011 HKT)
The Web is set to change our lives over the next decade. This will also question the use of personal data and balancing new powers with ethics.
December 11, 2013 -- Updated 1420 GMT (2220 HKT)
Browse through images you don't always see in news reports, taken by CNN teams all around the world.
He was imprisoned for life but that did not quiet him. Nelson Mandela became South Africa's first black president, and an icon and inspiration.
Today's five most popular stories