User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive
 

Professional thieves are probably scratching their heads in disbelief while learning of one of the largest jewelry heists ever pulled off by one person. Jacmel Jewelers in Queens, New York discovered that $12 million dollars worth of stolen gold chunks and jewelry was missing from their vault in February of this year. Who had managed to steal such an amount right from under their noses? The answer would be shocking to everyone involved.

Teresa Tambunting of Scarsdale, New York is an unassuming and soft spoken mother of three. She started at Jacmel Jewelers in 1977 and eventually became the vault manager in 1991 earning an estimated $165,000 a year. Over the Christmas holidays, relatives said Teresa talked about her fears about the recession and how it is affecting her family. Her nephew, Georgia Perez, said that she was afraid that the turmoil on Wall Street would force her husband out of a job. “They were saying this was one of their worst years, but this year is going to be much better,” said Perez. What he and his family members didn’t know was that the Tambuntings had a $12 million dollar treasure trove stashed in their basement.

Prosecutors say that Tambunting had been secretly smuggling jewelry and small pieces of gold in the lining of her purse for six years. The audit revealing the theft forced her to come forward. After the audit, Tambunting came to work with 80 pounds worth of jewelry and gold stuffed in a suitcase and confessed to one of her bosses. According to law enforcement, she said that she “had to steal it.” Jack Rahmey, president of Jacmel Jewelers, said that the remainder of the 500 pound loot had to be returned to the company from her home. She is charged with grand larceny and is free for now on $100,000 bail. If convicted, she faces up to 25 years in prison.



No one will really ever know the real reason why she stole the money. She hadn’t even spent a single cent of it. Rumor has it that her attorneys are preparing an obsessive-compulsive disorder defense.

Latest Articles

  • Valentine’s Day Stories: Anecdotes of Love

    Valentine’s Day is one of the most popular days for marriage proposals. There’s something about February 14th that makes people more inclined to tell their loved ones how much they really mean to them. Gorgeous bouquets of flowers make a woman smile, chocolate and wine arouse one’s sensual energies and the beautiful poems written on the...

  • August Birthstone: Precious Peridot

    Peridot is a light green gemstone that emits an alluring glow of vibrant color. The gemstone is considered the modern birthstone for the month of August and its popularity is increasing in the United States. Peridot is also known as a variety of olivine that has gemstone qualities. It is the only gemstone that has been found in...

  • Joolwe.com Online Jewelry Store Announces Its Second Annual Selfless Woman Awards

    Just in time for the holidays, Joolwe.com online jewelry store is gearing up for its second annual Selfless Woman Awards. The Dallas-based online jewelry store is asking the public to help them honor unsung female heroes in our society by nominating a person they feel touch the lives of those around them without asking for anything in...

  • World’s Most Expensive Jewelry and a Few Alternatives

    Many industries, including the jewelry business, have been hit hard by the nation’s economic recession. This particular recession has affected a broad spectrum of society. It is not just the middle class and the poor who are struggling, the wealthy people are also feeling the pinch. However, there is still that top 1% of the nation who...

  • Ladies…Raise Your Right Hand

    Over the last several years, right hand rings for women have become increasingly popular. Wearing a jewel encrusted ring on the right hand is a fashionable way for women who are not engaged or married to make a statement. Traditionally, wearing a diamond ring on the left hand signifies that a woman is engaged or married. Some say the...