Cryptic crossword clue
Damage jewellery pocketing one gem criminally, triggering alarm 14

The most common and most likely answer to this crossword clue is the 14 letter word SCAREMONGERING

I've seen this crossword clue in The Guardian
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Buddy explains!

The straight part
We know that "triggering alarm" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case triggering alarm = scaremongering.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

Crossword Answer definitions

SCAREMONGERING verb
  1. To spread worrying rumours.

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