NICE, France — Police set their sights Thursday on finding the insider who likely helped four hooded gunmen who held up financier Marvin Davis and his wife Barbara on the French Riviera last weekend.
But a high-ranking police official, speaking on condition of anonymity, said there were no leads yet about who might have tipped the robbers to the movements of the American financier.
The gunmen waylaid Davis’ chauffeured limousine on Saturday and made off with $ 10 million worth of jewels and $ 50,000 in cash.
Davis, 67, the one-time owner of Fox who made his fortune in oil, recovered some of the jewelry Wednesday after two suspects told police about loot stashed in a garbage bag under a rock.
The men, believed to be fences for the jewels, were tripped up when police stopped them for not wearing seat belts. A search of their car turned up credit cards and papers belonging to the Davises.
The police official described the recovery of the stolen loot as a “lucky break.”
Thugs who used their cars to sandwich the Davises’ limousine on the road between Nice and Antibes must have had information from someone aware of the couple’s movements, the official said.
He said police had questioned the chauffeur, Davis’ bodyguard and all members of their entourage but did not turn up any leads.