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Thieves Take $6M in Jewelry from Wholesaler During Times Square Celebration

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INSTORE NewYearsHeist

They took advantage of the massive distraction.

Thieves took $6 million in goods from a jewelry wholesaler in New York just as revelers waited for the ball to drop in Times Square on New Year’s Eve.

WNBC-TV posted a video clip that includes surveillance footage of the crime at KGH Holdings in Koreatown, which is located in Midtown Manhattan. Three men are believed to have carried out the crime.

The New Year’s Eve celebration, which included 1 million revelers and thousands of police officers, served as a distraction as the thieves raided two safes. They took rings, necklaces and other jewelry, tossing the items into their backpacks.

The thieves are believed to have “pried and hammered” their way into the business, according to WNBC. They’d been waiting in the building since about 10 p.m.

Police are still searching for the suspects.

Read more at WNBC

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Celebrate Your Retirement with Wilkerson

For nearly three decades, Suzanne and Tom Arnold ran a successful business at Facets Fine Jewelry in Arlington, Va. But the time came when the Arnolds wanted to do some of the things you put off while you’ve got a business to run. “We decided it was time to retire,” says Suzanne, who claims the couple knew how to open a store, how to run a store but “didn’t know how to close a store.” So, they hired Wilkerson to do it for them. When she called, Suzanne says Wilkerson offered every option for the sale she could have hoped for. Better still, “the sale exceeded our financial goals like crazy,” she says. And customers came, not only to take advantage of the going-out-of-business buys and mark-downs, but to wish a bon voyage to the beloved proprietors of a neighborhood institution. “People were celebrating our retirement, and that was so special,” says says.

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