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NYC Jeweler Accused of Money Laundering

Authorities say he bought items from a theft crew.




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.”

Read more at the New York Post


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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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