Headlines

Former Jewelry Store Worker Accused of Stealing $222,000 in Merchandise

She allegedly took the goods to pawn shops.

Published

5 years ago

February 17, 2019

INSTORE Staff

A former employee of a jewelry store in Rhode Island has been accused of stealing from the business.

Yanill C. Taveras, who worked for Ross-Simons Jewelers in Cranston, was arrested on a charge of embezzlement/fraudulent conversion, WPRI reports.

The Business of Jewelry

Smith and DeGroot Release “Much Ado About Lab-Grown Diamonds” Podcast Episode

The Business of Jewelry

New “The Business of Jewelry” Podcast Addresses Questions of Hiring

JimmyCast

Podcast: Put Your Heart in Your Business

Authorities say 121 pieces of jewelry were missing from the store, with a total value of more than $222,000.

Taveras, 26, came under suspicion when it was discovered that she had pawned jewelry at local shops, WPRI reports.

Police say they’ve recovered about $105,000 in jewelry so far.

Taveras has been released on surety bail. She’s set to appear in court on April 25.

Read more at WPRI

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”