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Ingrid Lederhaas-Okun was arrested at her home in a Connecticut suburb for allegedly stealing jewelry from the iconic chain and reselling the valuables for $1.3 million, NBC’s Mara Schiavocampo reports.
A former executive with Tiffany & Co. stole diamond and other jewelry from the famed company’s Manhattan headquarters and resold it for more than $1.3 million, U.S. authorities said.
Ingrid Lederhaas-Okun was arrested on Tuesday at her home in Connecticut on charges of wire fraud and interstate transportation of stolen property. She was later released on $250,000 bond at a brief appearance in federal court in Manhattan.
As vice president of product development, the 45-year-old Lederhaas-Okun had authority to “check out” jewelry from Tiffany to provide to potential manufacturers so they could calculate production costs. Authorities allege that after she left Tiffany in February, the company discovered she had checked out 164 items that were never returned.
According to a criminal complaint, the missing jewelry included “numerous diamond bracelets in 18-carat gold; diamond drop and hoop earrings in platinum or 18-carat gold; diamond rings in platinum; rings with precious stones in 18-carat gold; and platinum and diamond pendants.”
Lederhaas-Okun claimed she had left some of the jewelry at Tiffany and that some had been lost or damaged, the complaint said. But an investigation found that she resold the goods to an unidentified international dealer for more than $1.3 million, it said.