A Fred Segal employee was sent to meet Michael at the Roosevelt Hotel in Hollywood, but a different man actually met her. This man identified himself as a hotel security guard and took the jewelry up to what was supposedly Cannon’s room. The idea seems to have been to return with cash in exchange for the goods.
He didn’t come back.
Although the specific value of the stolen merchandise has not been made public, it is believed to be significant. The Los Angeles police are looking into the case.