Wednesday, November 27, 2013

Tiffany’s Executive Stole $1.3 Million in Jewels

A former Tiffany & Co executive who stole over 1 million dollars worth of jewelery is facing 30 years in prison, reports WWD. Ingrid Lederhass-Okun, who started with the company in 1991, was let go from her position as Vice President of Product Development due to "downsizing," but not before helping herself to a hefty employee discount. Over a two-year period, Lederhass-Okun stole over 165 items, including "diamond bracelets, platinum or gold drop and hoop earrings, platinum diamond rings and platinum and diamond pendants" and sold them to a Manhattan jewelery reseller. When her employers asked her wheres the inventory was, she reported the items as lost, damaged, or being held for a use in a special PowerPoint presentation. The jewelry, much like the promised PowerPoint slides, was never recovered. 

View the original article here


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