Tiffany & Co. $2 Million Jewellery Heist

Submitted by on Tuesday, 30 July 2013 | One Comment

Ex executive at Tiffany & Co. jewellery company, Ingrid Lederhaas-Okun, has been charged with stealing $2.1 Million from the American luxury brand in a lengthy inside operation.

As if having a top executive job as the vice president of product development at a luxury jewellery company wasn’t enough, employee Ingrid Lederhaas-Okun has recently been charged with the theft of £1,365,000 worth of stock since leaving the company in February.

tiffany-blue-box11

Above: The famed Tiffany blue box.

But how on earth did she get away with it for so long? I hear you ask. Well, she checked the items out under her own name (bold move) under the guise of work purposes. As well as this, she only took items worth $10, 000 or less, as the store only conducts inventories on items worth £25, 000 and over.

By the time the store had undertaken a full inventory, Ingrid Lederhaas-Okun had made off with 165 items that she had quickly sold on. Her loot included diamonds, gold and earrings that she had sold on to other retailers.

Now she faces sky-high fines as well as up to ten years in a federal prison now she has been detained.

tiff

Tiffany are famed for their luxury decadence.

Tiffany & Co. is one of the world’s most famed jewellery retailers and is favoured by celebrities. It was initially founded in New York in 1847 and has gone from strength to strength ever since, enjoying some iconic red carpet moments.

At a recent Tiffany & Co. event, celebrities showcased their designs.

Gwyneth Paltrow pinned a stunning butterfly brooch to her dress:

Tiffany & Co. Hosts Its Blue Book Ball

Sarah Jessica Parker layered her jewellery:

Tiffany & Co. Hosts Its Blue Book Ball

Carey Mulligan kept it simple in black and diamonds:

Tiffany & Co. Hosts Its Blue Book Ball

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  • Manita

    Some people just want it all! Tut tut…

future