Connect with us

Headlines

Jeweler Accused of Staging Robbery

He allegedly filed a false police report.

mm

Published

on

Authorities say a jewelry story owner in Miami faked an armed robbery at his business.

Levon Papikyan, owner of Deroso Jewelry, faces a count of filing a false report, NBC 6 reports. The charge is a misdemeanor.

Police say two customers handed over four gold bars to Papikyan, and he was supposed to sell them. Instead, on the same day, he told police that someone robbed him in the store using pepper spray, taking the gold.

The gold bars were reported to be worth $80,000, according to NBC 6.

David Bolton, a private investigator, is working with the victims to locate the gold bars.

“It’s a lot of money and it seems he’s making a mockery of our justice system,” Bolton told the news station.

Advertisement

Papikyan, 46, was arrested but is now free on bond and was back at Deroso early this week.

Find out more at NBC 6

Advertisement

SPONSORED VIDEO

After 139 Years, A Family Legacy Finds Its Perfect Exit With Wilkerson.

When third-generation jeweler Sam Sipe and his wife Laura decided to close Indianapolis’ historic J.C. Sipe Jewelers, they turned to Wilkerson to handle their retirement sale. “The conditions were right,” Sam explains of their decision to close the 139-year-old business. Wilkerson managed the entire going-out-of-business sale process, from marketing strategy to sales floor operations. “Our goal was to convert our paid inventory into retirement funds,” notes Sam. “The results exceeded expectations.” The Sipes’ advice for jewelers considering retirement? “Contact Wilkerson,” Laura says. “They’ll help you transition into retirement with confidence and financial security.”

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Latest Comments

Most Popular