Headlines

Three Men Defraud More Than 40 Jewelry Stores With Fake Driver’s Licenses

Published

8 years ago

April 1, 2016

INSTORE Staff

Name a type of fraud, and odds are they’ve been charged with it.

Three men from California have been accused of defrauding five banks and more than 40 jewelry stores, Israeli Diamond Industry reports. According to the article, the men used fake driver’s licenses to submit fraudulent applications for loans and credit, and then purchased Rolex, Omega and Breitling watches valued at more than $500,000. They’ve been charged with conspiracy to commit wire fraud, bank fraud, and fraud in connection with identification documents.

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.”