Connect with us

Headlines

Police Say Kay Jewelers Store Manager Swindled $15,000 in Merchandise

She allegedly abused employee discounts and store-closing discounts.

mm

Published

on

Police say the former manager of a Kay Jewelers store in Taunton, MA, committed larceny by using an in-store promotion code to get large discounts on jewelry, the Taunton Gazette reports.

Authorities say Samantha Peluso, 34, will be charged with larceny over $1,200. She’s accused of swindling her former employer out of about $15,000.

She allegedly bought 14 pieces of jewelry on Jan. 18 using employee discounts and store-closing discounts. The discounts ranged from 85 percent to 99 percent.

Peluso was fired following the investigation, the newspaper reports.

The store, located in the Silver City Galleria mall, closed a few days later, according to the Gazette.

She allegedly resold some of the jewelry.

Advertisement

Kay is part of Signet Jewelers Ltd. (NYSE: SIG), whose other brands include Jared and Zales.

Read more at the Taunton Gazette

Advertisement

SPONSORED VIDEO

This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

Promoted Headlines

Most Popular