Woman arrested for theft of over $200,000 worth of fine jewelry.
By News Staff
CRANSTON, R.I (WLNE) – Cranston police announced the arrest of a former Ross-Simons employee for embezzlement as a result of an investigation on Monday.
On January 29, 2019, a representative from Ross-Simons Jewelers, 9 Ross-Simons Drive, Cranston, filed a complaint, and an investigation. It was reported to the Cranston police that there were discrepancies discovered during the inventory process.
According to police, further investigation of inventory transfer documents led to the discovery that certain high-value jewelry pieces were missing.
26-year-old, Yanill C. Taveras of Providence, a former employee, was subsequently identified as the primary suspect.
The missing jewelry totaled an amount of 121 pieces, which had a total monetary value of $222,152.
Detectives from the Criminal Investigations Unit were assigned to continue the investigation and learned that Taveras had recently pawned large amounts of jewelry at local pawn shops. They were able to retrieve the jewelry, totaling to $105, 650.
Ross-Simons management was able to identify the jewelry as a portion of the missing pieces from their inventory.
An arrest warrant was authorized and Taveras was arrested on January 31st.
Police say Taveras was charged with embezzlement/fraudulent conversion over $100. She was arraigned at Cranston Police Headquarters and was released on $4,500 surety bail. Her next court appearance is scheduled for April 25th, 2019.
Efforts to recover the remaining missing jewelry is ongoing.
Anyone who has had any communication with Taveras in regards to any jewelry items is asked to contact The Cranston Police Detective Division at (401)477-5065.