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Jewelry-Business Owner Accused of Hiring Man to Burn Rival Store

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He’s accused of conspiracy to commit arson.

Federal authorities say William Reneau, owner of Gold Rush Exchange LLC in Independence, MO, hired someone to set fire to a competitor’s business.

Reneau has been charged with conspiracy to commit arson, WDAF-TV reports.

He’s accused of hiring a man identified as “R.Y.” in court documents to set fire to Independence-based Bobby Jackson’s Trading Co., the Kansas City Business Journal reports. The owner of Bobby Jackson’s Trading is a former employee of Reneau’s.

It’s alleged that R.Y. drove a vehicle through the front of the business on July 17, 2017, resulting in about $10,000 in damage, and then came back an set a fire on Aug. 4, 2017, resulting in $5,000 in damage. For starting the blaze, R.Y. was allegedly paid $800.

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Prosecutors also allege that Reneau paid another individual $500 to set fire to a home, according to the Business Journal. The residence belonged to the ex-husband of Reneau’s wife.

According to its website, Gold Rush operates four jewelry stores in the Kansas City area.

Read more at WDAF-TV

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Wilkerson Testimonials | MSG Jewelers

Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

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Jewelry-Business Owner Accused of Hiring Man to Burn Rival Store

mm

Published

on

He’s accused of conspiracy to commit arson.

Federal authorities say William Reneau, owner of Gold Rush Exchange LLC in Independence, MO, hired someone to set fire to a competitor’s business.

Reneau has been charged with conspiracy to commit arson, WDAF-TV reports.

He’s accused of hiring a man identified as “R.Y.” in court documents to set fire to Independence-based Bobby Jackson’s Trading Co., the Kansas City Business Journal reports. The owner of Bobby Jackson’s Trading is a former employee of Reneau’s.

Advertisement

It’s alleged that R.Y. drove a vehicle through the front of the business on July 17, 2017, resulting in about $10,000 in damage, and then came back an set a fire on Aug. 4, 2017, resulting in $5,000 in damage. For starting the blaze, R.Y. was allegedly paid $800.

Prosecutors also allege that Reneau paid another individual $500 to set fire to a home, according to the Business Journal. The residence belonged to the ex-husband of Reneau’s wife.

According to its website, Gold Rush operates four jewelry stores in the Kansas City area.

Read more at WDAF-TV

Advertisement

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | MSG Jewelers

Wilkerson Takes the Worry Out of Closing

MSG Jewelers has always treated its customers like family. When owner Mike George decided to retire and close the doors of his St. Louis, Missouri jewelry store, he selected a company to manage his going-out-of-business sale that treats its customers like family, too. That’s why he chose Wilkerson. “Wilkerson was able to do all the things that we needed,” says George. In the end, the bittersweet store closing was so much easier with Wilkerson at the helm. From marketing to pricing to inventory, Wilkerson does it all. “It’s a package deal,” says George.

Promoted Headlines

Most Popular