Crime

Retailer pleads guilty to buying stolen jewelry

CrimeJun 15, 2015

Retailer pleads guilty to buying stolen jewelry

John Dasher, owner of The Diamond House in Topeka, Kan., pleaded guilty to buying jewelry that he knew had been stolen in home invasions.

Topeka, Kan.--The owner of a jewelry store in Topeka, Kan. pleaded guilty last Wednesday to knowingly buying jewelry that had been stolen in home invasions.

According to the U.S. Attorney’s Office for the District of Kansas, John Dasher, 53, of Silver Lake, Kan., pleaded guilty in the U.S. District Court in Topeka to one count of transporting stolen goods.

In his guilty plea, Dasher admitted that he purchased stolen goods between 2010 and 2013 while he owned The Diamond House in Topeka.

He bought the jewelry for only a fraction of its actual value then he melted it down to create scrap gold and mailed it through the U.S. Postal Service to gold wholesalers Pop Gems International, Gold Empire and Coinex Inc., netting more than $430,500.

The U.S. Attorney’s Office said that Dasher’s sentencing will be set for a later date. Both parties have agreed to recommend a sentence of 12 months and a day, followed by two years on supervised release and a forfeiture money judgment against him of $130,000.

While the phone number listed for The Diamond House is no longer in service, local news reports from Dasher’s indictment in the fall said that the bank had taken possession of the store and that it was holding a sale to liquidate all inventory.

Michelle Graffis the editor-in-chief at National Jeweler, directing the publication’s coverage both online and in print.

The Latest

CollectionsJun 18, 2021
Piece of the Week: Colette’s Rainbow Eye Pendant

It’s a new addition to the designer’s charm collection.

FinancialsJun 18, 2021
Jewelry Sales Surge in May, Says Mastercard

U.S. jewelry sales were up more than 200 percent year-over-year in May while also exceeding pre-pandemic levels.

Recorded WebinarsJun 17, 2021
Watch: How to Ace the Branding Game

Simon Mortimer offers must-know branding basics for companies that are just starting out or looking for a refresh.

Brought to you by
How to Engage and Sell to Millennials

Millennials were once feared in the diamond industry, but now this younger generation has become today’s largest diamond buying demographic.

CollectionsJun 17, 2021
Foundrae Has an Epic Charitable Giveaway in Honor of Juneteenth

All proceeds of “Juneteenth Medallion” sales, as well as raffle tickets, benefit organizations that support BIPOC.

Weekly QuizMay 20, 2021
This Week's Quiz
Test your knowledge of jewelry news from the week of June 14-18, 2021.
Take the Quiz
SourcingJun 17, 2021
Le Vian Donates Aquaprase Specimens, Jewels to New York’s AMNH

Two rough stones, three polished gems, and two jewels are in the museum’s redesigned gem and mineral halls.

MajorsJun 17, 2021
Mall Owner Washington Prime Group Files for Chapter 11

The company is implementing a restructuring plan after struggling amid the COVID-19 pandemic.

Brought to you by
A New Golden Age

Gold has had its share of ups and downs over the last 5 decades. Here’s why the metal is having another big comeback.

TrendsJun 17, 2021
Amanda’s Style File: For the Fellas

In honor of Father’s Day, Amanda Gizzi rounds up gifts for Dad.

×