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

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Published

5 years ago

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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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When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”

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

mm

Published

5 years ago

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.

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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

Related Topics:

click to Comment(Comment)
Advertisement

SPONSORED VIDEO

When There’s No Succession Plan, Call Wilkerson

Bob Wesley, owner of Robert C. Wesley Jewelers in Scottsdale, Ariz., was a third-generation jeweler. When it was time to enjoy life on the other side of the counter, he weighed his options. His lease was nearing renewal time and with no succession plan, he decided it was time to call Wilkerson. There was plenty of inventory to sell and at first, says Wesley, he thought he might try to manage a sale himself. But he’s glad he didn’t. “There’s no way I could have done this as well as Wilkerson,” he says. Wilkerson took responsibility for the entire event, with every detail — from advertising to accounting — done, dusted and managed by the Wilkerson team. “It’s the complete package,” he says of the Wilkerson method of helping jewelers to easily go on to the next phase of their lives. “There’s no way any retailer can duplicate what they’ve done.”

Promoted Headlines

Most Popular