American Pie actress Tara Reid is heartbroken after her designer handbag containing $180,000 (GBP100,000) worth of jewellery was snatched at the Spanish isle of Ibiza's airport on Sunday (04SEP05).

Reid, who is in Europe shooting her reality TV show WILD ON TARA, reportedly became "hysterical" over the loss, as the glittering collection held great sentimental value to her.

A source explains, "Before she had even managed to collect her luggage from the carousel an opportunist swiped her black Balenciaga handbag from the trolley.

"In the bag Tara had her Rolex watch, which was of huge sentimental value to her, plus her personal jewellery collection.

"The police said the likelihood of catching the thief was slim."