Jewelry Crime Reached Record Level in 2022, JSA Says
At JSA’s annual luncheon, President John J. Kennedy said the organization recorded more than 2,000 cases last year.
Kennedy said members of the industry reported 2,141 cases to JSA in 2022—the highest number ever recorded by the organization—and the crimes weren’t isolated to one type.
They were a mix of everything, he said—smash-and-grabs, grab-and-run, distraction thefts, etc.—adding that JSA is also now seeing criminals following customers from jewelry stores in order to rob them after they’ve made a purchase.
“The situation is not good at all. It is extremely dangerous,” Kennedy said.
In light of the uptick in crime, JSA said it needs to raise more money to hire additional staff. At the luncheon, Kennedy unveiled details of what he described as a “multi-pronged plan” to increase revenue for the organization.
The plan includes not only raising dues but also having sponsors take out ads on its website and in its popular weekly e-newsletter alerts.
JSA will also introduce a tiered pricing structure in which members will have to pay more to have access to additional services, like consulting.
“JSA needs to fulfill the promises of April 25, 1883,” said Kennedy, referencing the date the organization was founded 140 years ago.
Also during the luncheon, held Saturday at the New York Yacht Club in Manhattan, JSA also honored two individuals with the presentation of its annual awards, the James B. White Award for law enforcement and the Industry Service Award.
Joseph Metsopulos, a detective with the New York City Police Department’s Major Case Squad, received the 24th annual James B. White Award for his work fighting jewelry-related crime in New York’s Diamond District.
In his five years investigating Diamond District crime, Metsopulos has worked more than 250 cases, brought about the prosecution of 60 individuals, and recovered millions for victims.
Last year, Metsopulos also received the John J. Kennedy Award during AGS Conclave, awarded to law enforcement and security professionals who have served the jewelry industry.
The 18th annual Industry Service Award went to Stanley Oppenheim, founder and CEO of DGA Security Systems. Unable to attend due to illness, Oppenheim’s son, Daniel Oppenheim, accepted the award on his father’s behalf.
DGA supplies alarm, video surveillance, access control and fire systems to diamond and jewelry companies. Oppenheim built the business from nothing into a company that employs 600 people and has a state-of-the-art facility in New Jersey.
JSA’s luncheon was one of a number of industry events that took place over the weekend in New York.
The weekend started with the Jewelers Vigilance Committee’s annual luncheon on Friday afternoon, featuring U.S. Ambassador James O’Brien, who spoke about the additional sanctions expected to be levied on Russian diamonds.
Jewelers of America’s Gem Awards followed on Friday night, with the annual 24 Karat Club banquet capping off the weekend on Saturday.
The Latest
The four finalists will present their pieces at the 2025 JCK Las Vegas show.
The “Camera Oscura” collection showcases earring designs celebrating female Surrealist artists Claude Cahun and Leonor Fini.
The money will fund the planting of 10,000 trees in critical areas across Oregon, Arizona, Montana, and other regions.
From protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
The event centered on advancing jewelry manufacturing technology will return to Detroit in May 2025.
A collection of pieces owned by Ferdinand I, the first king of modern Bulgaria, and his family, blew away estimates in Geneva last week.
The Australian jewelry box brand’s new West Village store will showcase new jewelers each month through its Designer in Residence program.
This fall, sharpen your skills in jewelry grading, quality control and diamond assessment.
“Lovechild” was created in partnership with Carolyn Rafaelian’s Metal Alchemist brand.
Hampton discussed how Helzberg is improving the customer experience and why it was inspired by the company formerly known as Dunkin’ Donuts.
The group will host several curated events and an exhibition of designer jewelry made with Peruvian gold traceable to the miners’ names.
The collection honors the 50th anniversary of Dolly Parton’s “Love is Like a Butterfly” song, which shares a birth year with Kendra Scott.
This year’s theme asks designers to take inspiration from classic fairy tales.
Senior Editor Lenore Fedow makes the case for why more jewelers should be appealing to nerds at the annual event.
The latest “Raiz’in” drop showcases a newly designed “Scapular” necklace and donates a portion of the proceeds to Make-A-Wish France.
No. 1 out of 100, the timepiece was created to mark Citizen’s 100th anniversary and will be auctioned off at Sotheby’s next month.
On the latest episode of “My Next Question,” two experts share best practices for store security during the holidays and year-round.
Sotheby’s sold the necklace, which potentially has ties to Marie-Antoinette, for $4.8 million to a woman bidding via phone.
Instead of its usual elaborate display, the store will illuminate its façade and frame the windows to highlight its flagship’s architecture.
The new Grand Seiko boutique is located in Honolulu’s Waikiki neighborhood.
Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.
The emerald brooch-turned-pendant returned to auction after 55 years, setting a world record for most expensive emerald sold at auction.
Phillips also sold a 1.21-carat fancy red diamond dubbed the “Red Miracle” for more than $1 million at its jewelry auction in Geneva.
From Swarovski to Tiffany & Co., jewelry retailers are enlisting celebrities to highlight their holiday offerings.
The 2024-2025 book introduces hundreds of new designs.
Richemont’s jewelry sales ticked up 2 percent in the first half of the year, while watch sales plummeted 17 percent.
Offered by the lab since 2016, the holiday season special is good from now through mid-December.