NY Man Pleads Guilty in Series of Luxury Watch Robberies
He stole or attempted to steal watches worth hundreds of thousands of dollars from jewelers across the NY Metro area.
According to the United States Attorney for the Southern District of New York, 30-year-old Victor Rivera has pleaded guilty to participating in a conspiracy to commit Hobbs Act robbery between October 2019 and November 2020.
The indictment, publicly filed papers, and statements made in court indicate that during the year-long period, Rivera and others agreed to rob jewelers of luxury watches worth up to hundreds of thousands of dollars each.
They targeted Richard Mille, Rolex, Audemars Piguet, and Patek Philippe watches, and also stole jewels from some of the victims.
Rivera used a gun in several of the robberies, including one in which a victim was shot but survived.
There were 11 robberies and attempted robberies in the spree. A full list and details of each can be found on a press release sent by the U.S. Attorney’s Office.
Rivera was indicted in November 2020. He is scheduled to be sentenced on April 28, where he faces a maximum prison term of 20 years.
Johan Araujo, 40, has also been charged in connection to the robberies. He was arrested last July and has maintained his plea of not guilty, the court docket shows. His trial is set for Sept. 19.
In March 2021, the Jewelers’ Security Alliance issued a warning about a spate of high-end watch robberies in New York and Los Angeles, sharing information as well as some safety tips for jewelers:
— Avoid conducting jewelry business in a public place;
— Do not resist in the event of an armed robbery; and
— Be mindful of the special risks involved in wearing expensive watches, and limit that risk accordingly.
The Latest
Jamie Dunton and Gabriella Botelho are the first graduates of the program, created by the WJA Foundation and Julius Klein Diamonds.
In the spirit of giving, Retrouvaí will donate $4,000 from the sale of this ring to the Los Angeles Regional Food Bank.
Co-owner Dan DeVries shared what it’s like moving into a space triple the size of its old store and how it feels to be a “real jeweler” now.
‘Forever Present’ campaign revives the iconic A Diamond is Forever tagline and celebrates the diamond dream.
Along with the latest “Gardens” collection, the brand has released limited-edition designs offering more indulgent pieces.
The 2,488-carat diamond recovered from a mine in Botswana has been dubbed “Motswedi” while its 1,094-carat sibling is “Seriti.”
The average price per carat hit a record high for the miner, which said it remains unaffected by the conflict in Mozambique.
For over a century, Jewelers of America has been the voice of the industry and valuable resource to jewelers across the country.
The nearly 17-carat stone made history for the color-change gem that, according to the auction house, is experiencing a “notable surge” in the market.
More than a century after survivors gifted a Tiffany timepiece to the captain of the ship that rescued them, the jeweler has reclaimed it.
The videos highlight how pieces from the “Xpandable” and “Reversible Xpandable” collections put the wearer in the spotlight.
Feldman reflected on 45 years in the jewelry industry and clarified that it’s not a total retirement.
The luxury brand is being honored for excellence in high jewelry design in its “Haute Joaillerie Sport” collection.
Circelli was a pioneer in the world of TV shopping who is remembered for his passion for gemstones and his big personality.
The nearly 6-carat stone headlined the recent jewelry auction, which also featured Mica Ertegun’s jewelry.
“The History of Diamond Engagement Rings: A True Romance” is a 128-page small-format book containing more than 165 images.
Gearys opened a 6,200-square-foot Rolex store with a design that pays homage to the brand’s connection to the ocean.
The diamond cut grade is now available for marquise- and pear-shaped diamonds.
DDG said the honorees’ business practices embody a commitment to positive social impact, industry innovation, and community empowerment.
Estimates on the size and value of the solitaire diamond, which is mounted on a diamond pavé-set yellow gold band, vary.
These half-moon tanzanite earrings totaling 25 carats are part of a special trunk show taking place this weekend in Dallas.
The National Jeweler editors recap the top news, the best jewels, and their favorite stories of the year.
The highest-grossing lot of the sale was the retired QB’s Rolex Paul Newman Daytona “John Player Special.”
Recent expansion initiatives at the Zambian emerald mine have shown strong production numbers, said Grizzly founder Abdoulaye Ndiaye.
Carrie Forman joins the brand to guide it into the next phase of growth with major and independent retailers in the U.S. and abroad.
The competition awarded 12 designers, each from a country where De Beers recovers diamonds, with business support and tuition assistance.
The high jewelry collection features 14 one-of-a-kind pieces, with serpent and ribbon motifs winding their way through the collection.