News: Luxury Watch Theft On The Rise In Paris. Latest Robbers Snatch $850,000 Richard Mille From Man’s Wrist.

While this topic is absolutely not limited to Paris and indeed watch theft is on the rise in most major cities across the globe, the latest report from Paris is quite spectacular. As a result Paris officials have now officially released a Warning to visitors to be cautious and take care when wearing expensive watches.

Near the famous Arc de Triomphe (not a bad area by any stretch) an unsuspecting Japanese man was taking a smoke break outside the magnificent Napoleon Hotel. A passer by asked the gentleman for a light, we can safely assume this was a ruse to be able to check his watch up close, at which point he then ripped the watch from the mans wrist and made a run for it.

The watch happened to be the glorious Richard Mille “Tourbillon diamond twister”, RM 51-02, valued at about €800,000.

While an overnight stay in Paris is never cheap, this certainly takes the cake.

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