Headlines

He Found $5M in Diamonds … in the Trash!

Published

8 years ago

September 23, 2016

“Finders keepers” doesn’t apply.

A man who found $5 million in diamonds in the trash — and then sold some of them — will serve six months of probation, the New York Post reports.

As part of a plea agreement, Wilfred Martinez, a security guard, admitted to grand larceny.

In late 2015, he found the diamonds in some trash left outside the office of jeweler J. Birnbach Inc. in Midtown Manhattan, according to the Post. Authorities said they had been thrown out inadvertently by some workers helping the business move to a new floor.

The most valuable diamond in the bunch was reportedly worth $3.2 million.

Authorities said Martinez turned in some of the diamonds, including the most expensive one. But he was also accused of selling some to another jeweler for $74,000.

Martinez entered his plea in Manhattan Supreme Court.

Read more at the New York Post

You Wouldn’t Cut Your Own Hair. Why Run Your Own Retirement Sale?

After being in business for over a quarter of a century, Wayne Reid, owner of Wayne Jewelers in Wayne, Pennsylvania, decided it was time for a little “me time.” He says, “I’ve reached a point in my life where it’s time to slow down, enjoy a lot of things outside of the jewelry industry. It just seemed to be the right time.” He chose Wilkerson to handle his retirement sale because of their reputation and results. With financial goals exceeded, Reid says he made the right choice selecting Wilkerson to handle the sale. “They made every effort to push our jewelry to the forefront of the showcases,” he says, lauding Wilkerson for their finesse and expertise. Would he recommend them to other jewelers who want to make room for new merchandise, expand their business or like him, decide to call it a day? Absolutely he says, equating trying to do this kind of sale with cutting your own hair. “The results are going to happen but not as well as if you have a professional like Wilkerson do the job for you.”