The suspects allegedly 'created an illicit market and fueled demand for burglaries by South American theft groups and other crews around the country.'
He admitted to spearheading a scheme to illegally evade customs duties for more than $13.5M of jewelry imports into the U.S.
A man has been arrested on a charge of second-degree murder in connection with the death.
'We ... have one person of interest in custody who is being treated at the hospital for a gunshot wound,' police said.
He pleaded guilty to interstate transportation of stolen goods and engaging in unlawful monetary transactions.
The crime happened just before 11:45 a.m. Friday at Kim Tin Jewelry.
Mulvihill, a Columbia University and Cardozo Law School graduate, has extensive experience in investigations, non-profits, insurance, and corporate consulting.
The victim was conducting money and jewelry pickups in Brooklyn for a wholesale dealer.
Authorities said he posted images of cash with the text “Robbery Gang.”
Two people suspected of acting as getaway drivers in the crime have been arrested.
'I came into this place that I worked hard for 13 years to build ... and it was wiped,' said one of the owners.
Execs say resources for detecting and reducing shrink are in short supply.
The suspect has been charged with murder.
A group of seven or eight people with guns and sledgehammers forced their way into the store.
Five suspects were arrested.
Among the items taken were watches, necklaces and rings.
The suspects allegedly targeted homes of people of Indian or South Asian heritage, "relying on a belief that their households were more likely to contain precious...
At the same time, total dollar losses increased.
He's been charged with first-degree felony theft.
They used a torch to enter a large safe.
Advertisement
INSTORE helps you become a better jeweler with the biggest daily news headlines and useful tips. (Mailed 5x per week.)