Queens Jeweler Charged With Money Laundering
Stanislav Yakubov allegedly fenced goods for a crew that committed more than a dozen armed robberies.

According to court documents, between about October 2019 and November 2020, a violent group committed more than a dozen armed robberies of jewelers and luxury watch owners in the New York City metropolitan area.
The items stolen included a $500,000 Richard Mille watch and a diamond bracelet worth $28,000.
According to the indictment, Stanislav Yakubov, or “Steve,” a jeweler who sells watches and jewelry at a store in the Jamaica Colosseum Mall in Queens, New York, allegedly acted as a fence for the stolen watches.
He has been charged with one count of money laundering.
Officials arrested Victor Rivera in November 2020 for his role in the robberies. He was indicted that month.
According to court documents, Rivera pleaded guilty to committing or attempting to commit robberies of luxury watches earlier this year.
Johan Araujo, 40, has also been charged in connection to the robberies. He was arrested last July and has maintained his plea of not guilty, according to the court docket. His trial is set for Sept. 19.
Court documents state that one of the men has been cooperating with officials to identify what happened and who was involved in the robberies.
Yakubov’s attorney, Oliver Storch, said in a statement to National Jeweler that Yakubov is “devastated and shocked by these false allegations,” especially since he was the victim of an assault and robbery at his jewelry store.
He also said: “The cooperator’s credibility is highly suspect because they claim to have met with Mr. Yakubov in NYC when he was actually out of the country on a documented family vacation. We ask the public to withhold judgment until these allegations are properly addressed and resolved in the appropriate forum.”
In March 2021, the Jewelers’ Security Alliance issued a warning about a spate of high-end watch robberies in New York and Los Angeles, sharing the following safety tips for jewelers:
— Avoid conducting jewelry business in a public place;
— Do not resist in the event of an armed robbery; and
— Be mindful of the special risks involved in wearing expensive watches, and limit that risk accordingly.
The Latest

Iconic pieces, like the Mike Todd Diamond Tiara, appear in the superstar’s new music video for her song inspired by the actress.

The luxury retailer, which went Chapter 11 in January, announced Thursday that it has secured $500 million in exit financing.

The NouvelleBox ballroom will feature independent jewelry designers, including Lene Vibe, Wyld Box Jewelry, and Kiaia Limited.

You deserve to know what you are selling–to protect your customers as well as your business and your reputation.

The one-of-a-kind locket, our Piece of the Week, opens to reveal three hidden images to keep close to your heart.


The new facility was also designed to better serve its growing customer base in Canada.

The campaign is a tribute to the year 1893, when Kokichi Mikimoto created the world’s first cultured pearl.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

It is the only GIA school to offer the GIA Graduate Gemologist program in Chinese.

The initiative connects veterans and parents returning to the workforce with careers in jewelry retail.

The wholesale manufacturer and precious metals refiner has appointed Michael Angelo as its new national sales representative.

Foundrae also accused the jewelry giant of copying its mood board style of marketing.

A Patek Philippe for Tiffany & Co. timepiece owned by the American businessman who died on the Titanic will be offered at Freeman's Chicago.

The Conference Board’s Consumer Confidence Index edged up, with optimism about the present outweighing worries about the future.

The retailer’s Zach Bear gift comes to life in “Zach Bear and the Window Necklace,” which centers on curiosity, bravery, and helping.

Applications are open for the AGA Gemological Scholarship Program through May 15, and until June 2027 for the Gemological Research Grant.

These customer behavior patterns say a lot about how successful your jewelry store is going to be this year, Emmanuel Raheb writes.

Mejuri’s popular collection of 18-karat yellow gold vermeil rings debuted in sterling silver alongside new “Puzzle” slider charms.

The Miami-based jewelry brand and the NYC-based artist will be in Dallas from April 9-11.

The initiative invites those in the industry to share stories on social media highlighting the meaning and impact of natural diamonds.

Wolk’s first day on the job as CEO of Tracr, De Beers Group’s blockchain platform, will be May 1.

Moses, who will leave the lab in May after nearly 50 years, discusses his start in the business, gemstones that stand out, and what’s next.

The new catalog, which showcases 35 one-of-a-kind pieces of jewelry, is a compliment to the company’s popular holiday catalog.

Production has ceased at the Canadian diamond mine, which has yielded more than 150 million carats of rough diamonds in its 23-year run.

The store opening marks the 10th United States location for the India-based jewelry retailer.

Two Saks Fifth Avenue locations, one in Florida and one in California, and one Neiman Marcus store are off the chopping block.

West, who started in the art department at the Leading Jewelers Guild in 1979, is remembered for his patience, kindness, and dedication.






















