May 5, 2009
Jewelry Store Employee Steals $12 Million In Gold
Hi All!
I thought you might find this article interesting. Jeanne, Sweet Moments
Queens, New York:
Teresa Tambunting pilfered $12 million in fine gold jewelry and bullion over the past six years from her employer, Jacmel Jewelry.
The fifty year old vault manager cut a slit in the lining of her purse and took the pieces out one by one over the six years. The day by day pilfering resulted in her stealing over 500 pounds of gold.
Teresa confessed to her crime, when in January 2009, the company underwent an audit and found that their inventory came up $12 million short. In February, she returned 80 pounds of the stolen property. The other 450 pounds were found stashed at her home.
Why would someone with an annual salary of $165,000 do such a crime? Teresa’s attorney is planning to use obsessive compulsive disorder as her defense.
If convicted Tambunting faces up to 25 years in prison.
