princess, russian millionaires. don t forget, greta, this place is famous for jewel heists. not forget, if you re a movie buff, you know it as the location for alfred hitchcock s film about a jewel thief operating in the french riviera to catch a thief starring cary grant and grace kelly. we have less than a minute left. whose jewels were these? these jewels belonged to a diamond house. they were on show. they were obviously going to be sold at some stage. they were there ready to be sold whenever a buyer came along. a lot of people do follow the jewelry business at the moment. the diamonds are so valuable as you say. but police say, one area that they will be going down is looking at this renowned pink panther jewel thief gang. the story only gets better. this network of thieves apparently one of the prime
don t forget, greta, this place is famous for jewel heists. not forget, if you re a movie buff, you know it as the location for alfred hitchcock s film about a jewel thief operating in the french riviera to catch a thief starring cary grant and grace kelly. we have less than a minute left. whose jewels were these? these jewels belonged to a diamond house. they were on show. they were obviously going to be sold at some stage. they were there ready to be sold whenever a buyer came along. a lot of people do follow the jewelry business at the moment. the diamonds are so valuable as you say. but police say, one area that they will be going down is looking at this renowned pink panther jewel thief gang. the story only gets better. this network of thieves apparently one of the prime suspects that held up about 100
the world you can t resist. reporter: the setting for the iconic movie to catch a thief was the sight of one of europe s biggest jewelry heists sunday morning. nobody stopped him. there was nobody around. they just gave him $40 million worth of jewelry. reporter: a robber whose face was covered by a hat and scarf threatened to shoot kpiexhibite. it s become a magnet for jewelry theft. in may a $2.6 million necklace was taken from a hotel party. later that same month over a million dollars worth of jewels were stolen from safe in a hotel. this come tws two days after a member of the pink panther jewel thief gang escaped from a swiss prison. it s too early to say if there s any link.
gang. would that be their m.o.? well, when you hear of a large scale theft of diamonds in europe, suspicion immediately goes to the pink panther gang. that s what they do. but you can t rule out a lone cowboy or other organized crime elements in europe. there s the cosican mafia. regular mafia right across the border. if you have to fence this, it pretty much means there s organized crime. why cannes? this has happened before. that s where the money is. mm-hmm. they said willie sutton had the famous quote, why do you rob banks? that s where the money is. if you re looking for the people with great wealth you go to the french riviera. quickly here, when you look at previous heists, why put this kind of this caliber jewelry on display without adequate