CollectionsMay 02, 2024
Foundrae Launches ‘Horizon’ Collection“Horizon” invites individuals to explore the limitless possibilities that lie ahead, said the brand.
CrimeApr 11, 2018
NJ Jeweler Charged with Fencing Stolen Goods
Frank Lashvili allegedly sold jewelry stolen in a rash of rooftop burglaries across the New York metro area.
Frank Lashvili was arrested earlier this month for allegedly fencing jewelry stolen during rooftop burglaries in the New York metro area.
Hackensack, N.J.--Police have arrested a New Jersey jeweler who allegedly was fencing stolen goods.
According to a press release from the Bergen County Prosecutor’s Office, police arrested 56-year-old Frank Lashvili of River Vale, New Jersey on April 5. It’s not clear at this time where Lashvili works as a jeweler.
The release states that on Oct. 22, 2017, suspects cut a hole in the roof of Le Cristal Jewelry in Englewood, New Jersey and stole about $275,000 in jewelry.
An investigation conducted by the Bergen County Prosecutor’s Office and the Englewood Police Department found it was committed by a burglary crew allegedly including Kevin Lyde, 55, of Brooklyn, New York, and other suspects still at large. The investigation also implicated Lyde and the suspects in several other rooftop jewelry store burglaries throughout the New York metro area.
The press release states that the burglars would then fence the stolen jewelry through Lashvili. He has been charged with two counts of fencing and two counts of receiving stolen property.
In addition, the New Rochelle Police Department announced it has arrested Lyde and one other man—Kevin Young, 55, also of Brooklyn—in connection with the Feb. 2 burglary of a local jewelry store.
The police department confirmed via press release that after executing search warrants at various locations in Brooklyn and Manhattan following the burglary of New Rochelle Coin, Stamp and Jewelers, they arrested Lyde and Young on April 5.
The two men, along with a suspect who hasn’t yet been located, allegedly broke into the store by cutting a hole in the roof and dropping into the back before stealing more than $1 million in goods.
Lyde and Young have been charged with first-degree grand larceny and third-degree burglary.
New Rochelle police said both men have been booked and are being held pending arraignment. The investigation remains open as they search for the third suspect.
The Bergen County Prosecutor’s Office said additional charges are expected to be filed in both New Jersey and New York in the coming days against Lyde, Young, Lashvili and the other suspects still at large.
According to the Jewelers Security Alliance’s 2017 Annual Crime Report, there were 18 rooftop burglaries from nine states in 2017, compared with 16 rooftop burglaries the
year before. The JSA said most of these burglaries resulted in large losses.
Alarm systems were compromised in a number of cases. In other situations when alarm signals were successfully sent, police left the scene while the burglars possibly were still inside the stores, on the roof or nearby because they were unable to spot any obvious signs of a break-in.
In most of the recent incidents, the suspects took merchandise that had been left in showcases overnight.
Alarm systems were compromised in a number of cases. In other situations when alarm signals were successfully sent, police left the scene while the burglars possibly were still inside the stores, on the roof or nearby because they were unable to spot any obvious signs of a break-in.
In most of the recent incidents, the suspects took merchandise that had been left in showcases overnight.
The Latest
FinancialsMay 02, 2024
Pandora Raises Guidance After Strong Q1The jeweler credits its recent “Be Love” campaign and ongoing brand revamp for its 17 percent jump in sales.
IndependentsMay 02, 2024
Oklahoma Jeweler Glenn Lewis Dies at 68The co-founder of Lewis Jewelers was also the longtime mayor of the city of Moore.
Brought to you by
Rio’s Reimagined Podcast: For the Love of JewelersMeet Ben Claus—grand prize winner of For the Love of Jewelers 2023 Fall Design Challenge.
AuctionsMay 02, 2024
Vintage Baume & Mercier With Ties to Elvis Sells for $7K Elvis Presley gifted this circa 1967 gold and diamond watch to Dodie Marshall, his co-star in “Easy Come, Easy Go.”
Weekly QuizMay 02, 2024
This Week’s QuizTest your jewelry news knowledge by answering these seven questions.
SurveysMay 01, 2024
Consumer Confidence Falls in AprilConcerns about rising prices, politics, and global conflicts continue to dampen consumer outlook.
Brought to you by
The Blueprint for Success in Scalable, Personalized Jewelry RetailWith Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
TrendsMay 01, 2024
Amanda’s Style File: All Eyes on EmeraldsMay’s birthstone is beloved for its rich green hue and its versatility.
SourcingMay 01, 2024
Opsydia Names New Sales and Marketing Director Jacqui Larsson joins Opsydia with nearly two decades of experience in the industry.
CollectionsApr 30, 2024
12 Otherworldly Pieces From Tiffany & Co.’s 2024 Blue BookThe “Tiffany Céleste” collection reimagines designer Jean Schlumberger’s interpretations of the universe.
MajorsApr 30, 2024
Zales Celebrates 100 Years With New CampaignThe brand also created a 100-carat lab-grown diamond necklace in honor of its centennial.
MajorsApr 30, 2024
Platinum Guild International Appoints New CEOTim Schlick has been promoted from his previous position as COO.
Events & AwardsApr 30, 2024
Canadian Jewellers Association Brings Back the Summit It’s the second year for the event, slated to take place in October in Toronto.
Recorded WebinarsApr 29, 2024
Watch: Diamond Identification and Evaluation - How to Protect your BusinessSupplier Spotlight Sponsored by GIA
SourcingApr 29, 2024
De Beers to Move Auction HQ from Singapore to BotswanaSales will be paused while the relocation takes place over the next few months.
CollectionsApr 29, 2024
Simone I. Smith Mixes Denim and Diamonds in New Collection“SIS x MISA Denim and Diamonds” is a collaboration between the designer and celebrity stylist Misa Hylton.
IndependentsApr 29, 2024
Venus Jewelers Relocating After 45 YearsThe retailer is moving to a newly designed space in the same shopping center.
SurveysApr 29, 2024
Mother’s Day Jewelry Spending to Reach $7B, Says NRFGifts that are unique and thoughtful are top of mind this year, according to the annual survey.
CollectionsApr 26, 2024
Piece of the Week: Jacquie Aiche’s Starry Galaxy NecklaceThe necklace is featured in the brand’s “Rebel Heart” campaign starring Adam Levine and Behati Prinsloo.
Events & AwardsApr 26, 2024
AGS Conclave and GIA Symposium Are ConvergingThe two organizations will host a joint event, “Converge,” in September 2025.
SourcingApr 26, 2024
Anglo American Reportedly Shopping De Beers as BHP Eyes Anglo Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
Events & AwardsApr 25, 2024
Alexis Padis Takes Over as AGS Board President Padis succeeds Lisa Bridge, marking the first time the organization has had two women board presidents in a row.
EditorsApr 25, 2024
5 Tips for Creating Fans from the Top (Savannah) Banana Jesse Cole, founder of Fans First Entertainment, shared the “five Es” of building a fan base during his AGS Conclave keynote.
WatchesApr 25, 2024
Audemars Piguet and John Mayer Partner on Limited Edition WatchThe Royal Oak Perpetual Calendar "John Mayer" was celebrated at a star-studded party in LA last week.
SourcingApr 25, 2024
De Beers Lowers Production Guidance for 2024The announcement came as the company reported a 23 percent drop in production in Q1.
MajorsApr 25, 2024
Detroit Lions’ QB Jared Goff Keeps Going to JaredThe three-time Pro Bowler continues to partner with the retailer, donating to a Detroit nonprofit and giving watches to fans.
