Headlines

NYC Jeweler Accused of Money Laundering

Authorities say he bought items from a theft crew.

Published

2 years ago

April 5, 2022

INSTORE Staff

Authorities say a New York jeweler acted as a fence for a group that robbed other jewelers.

Stanislav “Steve” Yakubov has been indicted in Manhattan federal court on charges of money laundering, the New York Post reports. Yakubov is a jeweler at the Jamaica Colosseum Mall.

Two men carried out a series of attacks on jewelers in the New York City region in 2019 and 2020, taking goods worth $2 million in total, according to federal authorities. They allegedly targeted the jewelers at their homes.

Yakubov “allegedly bought stolen goods from the thieves three times,” the Post reports, citing the U.S. Attorney’s Office.

Yakubov denied the allegations, according to the Post. He reportedly “claimed the thieves he allegedly dealt with were former customers.”

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