Kim Kardashian’s stolen jewellery has been melted down, re-cut and sold on the black market, according to media reports.
France’s BFM TV channel was told by an enquiry source that the reality TV star is unlikely to get her jewellery back, including a £3.5 million diamond engagement ring.
Jerome Guillochon, president of a French jewellers federation, told French media: “They separate the stone from the metal. On one hand, they will melt the metal, and on the other, they will usually cut the stones completely, in order to remove all markings or modify the shape.
“Because if there is a typical shape in exceptional jewellery, if there is a ring in the shape of a cushion, they can perhaps cut it in circles.”
It is believed that technical equipment including lasers would have been used to alter the jewellery, and then it could have fetched millions on the black market.
The news follows expert opinion that Kardashian’s jewellery could end up in Hatton Garden. But the London Diamond Bourse hit back at these suggestions, insisting there is “absolutely no basis” to the claims.