Connect with us

Headlines

While in Prison, Fraudster Orchestrates High-End Jewelry Scam

mm

Published

on

He allegedly fooled luxury brands into sending jewelry to his co-conspirators.

Being stuck behind bars couldn’t stop Jimmy Sabatino from running a scam through which he duped luxury jewelry brand representatives into sending his co-conspirators their high-end goods, SILive.com reports.

The news outlet explains how the 39-year-old Sabatino – who was serving time for another scheme he ran involving luxury hotels – allegedly posed as a music business executive and asked high-end brand reps to ship expensive watches, jewelry, clothing and handbags to two co-conspirators, promising to feature the products in upcoming music videos and other promotional materials. Sabatino was said to have contacted the brands via several email addresses he created, with his emails displaying the logos of the Sony Music Entertainment and Roc Nation labels.

The article claims that Sabatini promised to return the goods and signed letters of responsibility for them.

Sabatino and his partners have been slapped with three fraud charges and could face up to 20 years in prison if convicted, the article adds.

Read more at SILive.com

Advertisement

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