ColumnistsJan 04, 2022
The Smart Lab: 4 Online Shopping Predictions for 2022CrimeJan 10, 2022
What JSA’s Latest Crime Report Tells Us About 2022
JSA President John Kennedy talks crime trends following the release of the organization’s annual report.
New York—The Jewelers’ Security Alliance recently published its annual crime report for 2020, which was delayed because of COVID-19 but still provides insight about crime trends in the jewelry industry.
President John J. Kennedy said 2020 was a year in which there were more crimes against the jewelry industry, but dollar losses shrank.
He said there were more opportunists committing low-dollar crimes but fewer smash-and-grabs and safe attacks from professional gangs, which sent dollar losses soaring in 2019.
According to the JSA report, the total number of crimes rose nearly 20 percent (1,718 crimes in 2020 versus 1,438 crimes in 2019) but dollar losses were down 18 percent, totaling $83.2 million compared with $101 million in 2019.
The ability to wear a mask without attracting attention was a contributing factor, as were the economic strains brought about by the pandemic. Kennedy said some people who wouldn’t normally steal found themselves in dire circumstances.
Another factor in the 2020 incidences-to-losses ratio: the demonstrations that broke out in the summer of 2020 following the murder of George Floyd and, in some cases, involved looting.
JSA received reports of 323 break-ins related to the civil unrest, accounting for more than half of all burglaries in 2020 (633).
However, dollar losses, which totaled $14.3 million, were not as high as they could have been because jewelers were vigilant about locking away merchandise. (There was also a great deal of property damage, JSA noted, though that is not included in its dollar losses total.)
Two jewelers and one guard were killed while on the job in 2020.
Connecticut jeweler Mark Vuono was murdered during an armed robbery at his store in March 2020.
Related stories will be right here …
President John J. Kennedy said 2020 was a year in which there were more crimes against the jewelry industry, but dollar losses shrank.
He said there were more opportunists committing low-dollar crimes but fewer smash-and-grabs and safe attacks from professional gangs, which sent dollar losses soaring in 2019.
According to the JSA report, the total number of crimes rose nearly 20 percent (1,718 crimes in 2020 versus 1,438 crimes in 2019) but dollar losses were down 18 percent, totaling $83.2 million compared with $101 million in 2019.
The ability to wear a mask without attracting attention was a contributing factor, as were the economic strains brought about by the pandemic. Kennedy said some people who wouldn’t normally steal found themselves in dire circumstances.
Another factor in the 2020 incidences-to-losses ratio: the demonstrations that broke out in the summer of 2020 following the murder of George Floyd and, in some cases, involved looting.
JSA received reports of 323 break-ins related to the civil unrest, accounting for more than half of all burglaries in 2020 (633).
However, dollar losses, which totaled $14.3 million, were not as high as they could have been because jewelers were vigilant about locking away merchandise. (There was also a great deal of property damage, JSA noted, though that is not included in its dollar losses total.)
Two jewelers and one guard were killed while on the job in 2020.
Connecticut jeweler Mark Vuono was murdered during an armed robbery at his store in March 2020.
Retired police captain David Dorn was shot by looters while guarding a jewelry store in St. Louis in June 2020 and Eshagh Natanzadeh was murdered in his Beverly Hills jewelry store in November 2020.
Kennedy said one of the most important takeaways from 2020, as well as 2021, is that the most likely crime to happen in a jewelry store is a grab-and-run.
In 2020, there were 581 grab-and-runs, accounting for nearly 70 percent of all thefts reported to JSA.
While there’s not a lot jewelers can do about grab-and-run thefts, there are a couple basic security rules they should remind their staff about, including showing only one piece at a time and not leaving product—a tray of rings for example—out on the counter.
He also noted people are going to continue to wear masks without it being considered odd, making it even more important to follow proper protocols and look for other red flags.
The number of smash-and-grab robberies declined in 2020 (96 vs. 130 in 2019) due to the arrests of members of a large robbery ring operating out of Detroit.
Smash-and-grabs, however, remain a threat—there was a spike this holiday season—but Kennedy said jewelers can reduce their losses tremendously by having burglary-resistant glass on their showcases.
Kennedy said he expects to see a “considerable amount of crime” in 2022, from both opportunists who will take advantage of the ubiquitous mask-wearing and professional gangs that cut power lines to rob safes.
Editors' Picks
Sponsored by
One final trend worth noting: while dollar losses and the number of crimes fluctuate year to year, jewelry crime continues to trend down overall.
The industry, Kennedy said, is in a better place than it was 25 or even 15 years ago, when annual losses regularly topped $100 million.
Kennedy credits the decline to the work of law enforcement, JSA, and the internet, which has made information sharing quicker and easier.
“That’s all helpful and it gets criminals off the street, which reduces crime, ultimately.”
The Jewelers’ Security Alliance normally publishes its annual crime report in May, but the report has been delayed the past two years because of staffing and logistical issues posed by COVID-19.
To download the 2020 report, visit the organization’s website.
The industry, Kennedy said, is in a better place than it was 25 or even 15 years ago, when annual losses regularly topped $100 million.
Kennedy credits the decline to the work of law enforcement, JSA, and the internet, which has made information sharing quicker and easier.
“That’s all helpful and it gets criminals off the street, which reduces crime, ultimately.”
The Jewelers’ Security Alliance normally publishes its annual crime report in May, but the report has been delayed the past two years because of staffing and logistical issues posed by COVID-19.
To download the 2020 report, visit the organization’s website.
More on Crime
The Latest
CollectionsFeb 21, 2025
Piece of the Week: Jade Ruzzo’s ‘Tennessee’ Oval Drop EarringsHeidi Gardner, an SNL cast member, wore the smoky quartz earrings on the “SNL50: The Anniversary Special” red carpet on Sunday.
SourcingFeb 21, 2025
Zambia Lifts 15% Export Duty on Gemstones, Metals The reversal comes less than two months after the Zambian government reinstated the tax in an effort to bring in more money.
MajorsFeb 21, 2025
24 Karat Club of New York Names New PresidentThe organization also announced its newly elected officers and directors.
Brought to you by
Get Ready for the JA New York Spring ShowThis year will feature a new MJSA Showcase and partnership with Piazza Italia.
SourcingFeb 20, 2025
Anglo Writes Down Value of De Beers by $2.9B As anticipated, Anglo took another impairment charge on the diamond miner and marketer, which saw revenue sink 23 percent in 2024.
Weekly QuizFeb 21, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SourcingFeb 20, 2025
Harry Winston’s Son Donates Fancy Red Diamond to the SmithsonianRonald Winston is giving the 2.33-carat “Winston Red” to the Smithsonian, 67 years after his father donated the Hope Diamond.
SourcingFeb 20, 2025
GJEPC Names New Chairman, Vice ChairmanKirit Bhansali, a partner in Smital Gems and chairman of India Jewellery Park, will take on the role of chairman.
Brought to you by
3 Ways to Capitalize on America’s Newfound Love of Colored GemsColored stones are stepping into a jewelry spotlight typically reserved for diamonds—are you ready to sell color?
IndependentsFeb 20, 2025
IJO Elects 4 New Board MembersAlisha Cornett, Nic Faini, Eric Stevens, and Seth Shipley have joined the organization’s board of directors for a three-year term.
SourcingFeb 19, 2025
Diamond Mining Company CEO Steps Down Amid Sales Slump, LayoffsPetra Diamonds Ltd. CEO Richard Duffy resigned as the diamond miner reported a 30 percent drop in sales to start its fiscal year.
ColumnistsFeb 19, 2025
The Smart Lab: Maximizing Your Jewelry Brand on PinterestPinterest is a potential gold mine for jewelry brands, Emmanuel Raheb writes, provided they follow these five tips.
MajorsFeb 19, 2025
Cartier Opens New Store Inside LAXThe boutique is the French luxury brand’s first airport store on the West Coast.
CollectionsFeb 19, 2025
Swarovski’s NYC Flagship Celebrates Ariana Grande CollabThe store’s facade now features the iconic swan logo and campaign images of the “Wicked” star.
Policies & IssuesFeb 18, 2025
New Customs Requirements for Diamond Imports: What We KnowBeginning in April, companies importing diamonds into the United States will have to list the country in which the diamonds were mined.
AuctionsFeb 18, 2025
A Menagerie of Fabergé Coming to Sotheby’sAround 30 whimsical Fabergé animal carvings will go up for auction at Sotheby’s Geneva in May.
SourcingFeb 18, 2025
Celine Assimon Stepping Down as CEO of De Beers JewellersAssimon will be leaving at the end of February after nearly five years with De Beers.
CollectionsFeb 18, 2025
Tabayer Debuts Its First Men’s Jewelry SelectionsDesigns from the brand’s “Oera” collection have been reimagined with modern masculinity in mind.
SourcingFeb 14, 2025
Navneet Gems Now Offering Unheated Montana SapphiresThe wholesale collection features material from the Rock Creek mine in a variety of colors.
CollectionsFeb 14, 2025
Carolyn Rafaelian Partners with ‘Long Island Medium’ StarThe “Divinely Guided” collection, created in collaboration with Theresa Caputo, features symbols that celebrate the power of connection.
CollectionsFeb 14, 2025
Piece of the Week: Lorraine West’s Diamond ‘Open Heart’ RingShow some love on Valentine’s Day with this 14-karat yellow gold ring that features pavé diamonds.
SourcingFeb 13, 2025
Namibian Diamond Co. Suspends CEO, COO After Deadly Heist Namib Desert Diamonds also put its security manager on leave following last month’s robbery that left one employee dead.
Events & AwardsFeb 13, 2025
AGTA Announces Buyer’s Choice Award Winners for Spectrum, Cutting EdgeAGTA recently concluded its 2025 GemFair event in Tucson and is already gearing up for next year’s show, set for Feb. 2-6, 2026.
CollectionsFeb 13, 2025
Royal Chain Releases Its Spring 2025 CatalogMore than 400 new pieces are featured in the supplier’s latest catalog.
TrendsFeb 13, 2025
Amanda’s Style File: Hearts for Valentine’s DayThis curation celebrates love with heart-shaped jewelry of all shapes and sizes.
Policies & IssuesFeb 13, 2025
Jewelers Relief Fund Reopened to Aid Victims of LA Fires The fund is collecting money for jewelry businesses damaged by the wildfires in Los Angeles County.
TrendsFeb 12, 2025
5 Engagement Ring Trends Expected to Rule 2025From chunky bands to vintage diamond cuts and bezel settings, these are the trends experts are seeing take over the bridal market.
EditorsFeb 12, 2025
Q&A: Marion Fasel on the History of Diamond Engagement RingsFasel discusses researching her new book, the most enduring engagement ring styles, and the diamond shape Taylor Swift will pick.
