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March 1, 2015

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Paris court jails 8 for double shop heist

A French court has sentenced eight men to jail over a double heist at a Harry Winston jewelry shop in Paris in which they made off with gems and watches worth more than 100 million euros (US$114 million).

The Paris court on Friday sentenced them to prison terms ranging from nine months to 15 years over the robberies in 2007 and 2008.

Douadi Yahiaoui, considered the brains behind the double heist, was handed a 15-year jail term. Yahiaoui, 50, has already served 23 years for theft and drug trafficking.

The court also sentenced former Harry Winston security guard Mouloud Djennad, 39, to five years in jail, with three suspended, for providing information to Yahiaoui.

In the first robbery in October 2007, four masked gunmen wearing decorators’ overalls held up staff at the store in an upmarket part of Paris.

The robbers had spent the night in the jewelry shop with the help of Djennad, who let them in the previous evening.

The robbers made off with 120 watches and 360 pieces of jewelry worth more than 32 million euros.

Then just over a year later, in December 2008, four men entered the same store, again with Djennad’s help. In less than 20 minutes, they took 104 watches and 297 pieces of jewelry worth 71 million euros.

Police found some of the booty at Yahiaoui’s home, but the rest are still missing.




 

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