Thieves steal $400k ring at Jewel Fest

[Jman888]

Thieves steal $400k ring at Jewel Fest

Shaffiq Alkhatib

The New Paper

Thursday, Oct 24, 2013

It is a ring that costs as much as a resale four-room HDB flat and for days the sales assistants thought they had it all sealed up in a box.

 

But the $400,000 ring had been stolen a few days earlier. Last Monday, thieves walked into the Singapore Jewel Fest at the Ngee Ann City Civic Plaza and by using sleight of hand, made off with the piece of jewellery from right under the noses of the sales assistants.

 

According to the police, the thieves said that they wanted to buy the ring when they visited the exhibition that day.

 

They then claimed that they needed time to withdraw money to make payment.

 

After handing over an undisclosed sum of cash as deposit, they asked for the ring to be sealed in a box.

 

The sales assistants complied and the thieves helped to seal it. However, they did not return to collect the ring. When the sealed box was opened a few days later, the ring was gone. The 10-day Singapore Jewel Fest ended on Sunday.

 

STAYING VIGILANT

 

Following the incident, police have advised all sales staff members to ensure that every piece of jewellery is accounted for after attending to customers. Sales staff have also been told to stay vigilant, especially when dealing with customers who request for many jewellery pieces to be taken out of their display cases.

 

In August last year, three Colombians were each jailed six months after they stole $16,128 worth of pearls from a Japan-based wholesaler leaving the Singapore International Jewellery Show.

 

[email protected]

 

 

This is soooooooooooo......... COOL !!

Edited October 24, 2013 by Jman888

[Mustank]

the shop sure have those security camera one

so the bosses can see whether it was an inside job or not

donno whether they got buy insurance or not?

[Jman888]

the shop sure have those security camera one

so the bosses can see whether it was an inside job or not

donno whether they got buy insurance or not?

 

 

it was in the open area in front of Ngee Ann City, stupid not to check the item for 2 days right?

[Maxus-MIFA9]

 

 

it was in the open area in front of Ngee Ann City, stupid not to check the item for 2 days right?

 

Those jewels on display sure got insurance coverage.

 

Only insurance company lost money ...

 

I was also wondering, such a mass display of jewels & crowds and held in open space of Ngee Ann City Atrium ....

[Mustank]

 

 

it was in the open area in front of Ngee Ann City, stupid not to check the item for 2 days right?

 

 

hmmm...open area....likely no camera....hmmmmmm

[Vid]

 

 

hmmm...open area....likely no camera....hmmmmmm

 

That's why the thieves targeted that place. Lots of people and security lax

[Yrvsport]

hahaha the work of the INSIDERS again...clap clap....

[Jman888]

only discover 2 days later, the thief has long gone or out of the country liao

[The_Bear]

You know what, they should talk to George Clooney, Brad Pitt and pals.

[Jman888]

You know what, they should talk to George Clooney, Brad Pitt and pals.

 

 

i like Pierce Brosnan

[Mustank]

Cortina theft suspect took $13m worth of watches

by Sujin Thomas, The Straits Times|24 October 2013

 

 

 

The loot that a former employee of luxury watch retailer Cortina was alleged to have made off with is worth more than $13 million in the marketplace.

Jerry Ee, who is wanted by police for the Christmas Day heist at Cortina’s Raffles City store, was picky about the watches he allegedly stole.

The 35-year-old allegedly took 386 timepieces from six designer brands – Audemars Piguet, Girard Perregaux, Panerai, Patek Philippe, Rolex and Vacheron Constantin – along with 194 pieces of accompanying guarantee cards.

Their exact worth: $13,225,383.

Ee also allegedly stole cash amounting to $27,137 from a store safe.

These details emerged in a writ of summons filed by Cortina’s lawyers in the High Court last Wednesday. It is hoped that the value of the watches, cash stolen as well as one month of Ee’s salary of $2,130 will be recovered.

Ee started work for Cortina on April 28, 2004 as a customer relations associate at its Raffles City branch. His job was to handle customer enquiries, merchandise display, pricing and inventory.

When the store opened for business on Boxing Day, staff discovered that the watches were missing and called the police.

In a regulatory filing with the Singapore Exchange shortly after the theft, Cortina said the stolen timepieces carried a net cost of about $7.9 million.

When Ee did not turn up for work and could not be contacted, Cortina sacked him. He is now on Interpol’s wanted list as he is believed to have fled the country.

He is listed on Interpol’s website as being 1.62m tall and weighing 50kg. It added that he is able to speak English, Mandarin and Thai. Ee is divorced and lived with his parents and his 11-year-old son in a Bukit Merah flat until he went missing.

Cortina’s civil action to recover damages is not unusual. Clients of fugitive lawyer David Rasif did the same when he absconded with $11.3 million of their money.

In Ee’s absence, the courts may order him to be made a bankrupt, garnish his bank account or even order a writ of seizure and sale on his assets.

Ee is believed to have pulled off one of Singapore’s biggest heists to date.

Cortina has circulated a list of the stolen watches to suppliers across the world to alert buyers, such as auction houses. The watches have individual serial numbers, making them more difficult to sell since buyers are now on the alert.

The case is fixed for mention in the High Court on April 1. The retailer’s lawyer is Mr Chia Foon Yeow of Loo & Partners.

What Jerry Ee allegedly stole

Watches:

386 timepieces from brands like Audemars Piguet, Girard Perregaux, Panerai, Patek Philippe, Vacheron Constantin and Rolex.

Among them is a Patek Philippe 3939 watch worth around $500,000 and a set of four Vacheron Constantin Les Masques watches worth about the same amount. Only 25 sets are available globally.

In total, the 386 timepieces have a market value of $13.2 million. He also allegedly took 194 pieces of accompanying guarantee cards.

Cash:

He allegedly took a sum of $27,137 from a safe in the Raffles City shop.

This article was first published in The Straits Times.

» Interpol seeks Cortina suspect

» Cortina's $7.9m watch theft on X'mas

[The_Bear]

 

 

i like Pierce Brosnan

I dun care who you like but it was not a painting that went missing. 😒

[Altivo]

 

 

i like Pierce Brosnan

 

Ala Thomas Crown Affair!

 

This was my favourite scene

 

http://www.youtube.com/watch?v=P8W5wjXsrR0

[Jman888]

I dun care who you like but it was not a painting that went missing. 😒

 

 

told you the emoji from the phone won't show in mcf

 

but i still like Pierce Brosnan.

[Jman888]

 

Ala Thomas Crown Affair!

 

This was my favourite scene

 

http://www.youtube.com/watch?v=P8W5wjXsrR0

 

 

[JackRabbit]

 

 

This is soooooooooooo......... COOL !!

 

 

That's probably why diamonds are nicknamed "Ice. They are so cool!

[Knoobie]

 

Cortina theft suspect took $13m worth of watches

by Sujin Thomas, The Straits Times|24 October 2013

 

 

 

The loot that a former employee of luxury watch retailer Cortina was alleged to have made off with is worth more than $13 million in the marketplace.

Jerry Ee, who is wanted by police for the Christmas Day heist at Cortina’s Raffles City store, was picky about the watches he allegedly stole.

The 35-year-old allegedly took 386 timepieces from six designer brands – Audemars Piguet, Girard Perregaux, Panerai, Patek Philippe, Rolex and Vacheron Constantin – along with 194 pieces of accompanying guarantee cards.

Their exact worth: $13,225,383.

Ee also allegedly stole cash amounting to $27,137 from a store safe.

These details emerged in a writ of summons filed by Cortina’s lawyers in the High Court last Wednesday. It is hoped that the value of the watches, cash stolen as well as one month of Ee’s salary of $2,130 will be recovered.

Ee started work for Cortina on April 28, 2004 as a customer relations associate at its Raffles City branch. His job was to handle customer enquiries, merchandise display, pricing and inventory.

When the store opened for business on Boxing Day, staff discovered that the watches were missing and called the police.

In a regulatory filing with the Singapore Exchange shortly after the theft, Cortina said the stolen timepieces carried a net cost of about $7.9 million.

When Ee did not turn up for work and could not be contacted, Cortina sacked him. He is now on Interpol’s wanted list as he is believed to have fled the country.

He is listed on Interpol’s website as being 1.62m tall and weighing 50kg. It added that he is able to speak English, Mandarin and Thai. Ee is divorced and lived with his parents and his 11-year-old son in a Bukit Merah flat until he went missing.

Cortina’s civil action to recover damages is not unusual. Clients of fugitive lawyer David Rasif did the same when he absconded with $11.3 million of their money.

In Ee’s absence, the courts may order him to be made a bankrupt, garnish his bank account or even order a writ of seizure and sale on his assets.

Ee is believed to have pulled off one of Singapore’s biggest heists to date.

Cortina has circulated a list of the stolen watches to suppliers across the world to alert buyers, such as auction houses. The watches have individual serial numbers, making them more difficult to sell since buyers are now on the alert.

The case is fixed for mention in the High Court on April 1. The retailer’s lawyer is Mr Chia Foon Yeow of Loo & Partners.

What Jerry Ee allegedly stole

Watches:

386 timepieces from brands like Audemars Piguet, Girard Perregaux, Panerai, Patek Philippe, Vacheron Constantin and Rolex.

Among them is a Patek Philippe 3939 watch worth around $500,000 and a set of four Vacheron Constantin Les Masques watches worth about the same amount. Only 25 sets are available globally.

In total, the 386 timepieces have a market value of $13.2 million. He also allegedly took 194 pieces of accompanying guarantee cards.

Cash:

He allegedly took a sum of $27,137 from a safe in the Raffles City shop.

This article was first published in The Straits Times.

» Interpol seeks Cortina suspect

» Cortina's $7.9m watch theft on X'mas

 

He can start a Watches thread here too!!

[Jman888]

He can start a Watches thread here too!!

 

prison got broadband?