Five Men Arrested in Connection to NYC Jewelry Store Robberies

CrimeJun 09, 2023

Five Men Arrested in Connection to NYC Jewelry Store Robberies

The alleged robbers stole $2 million worth of jewelry, including a diamond necklace weighing 76 carats.

Surveillance footage of NYC jewelry store robbery
Five men from New York and New Jersey have been arrested and charged in connection with the armed robberies of two jewelry stores in Manhattan. Seen here is surveillance footage of the May 20 robbery.
New York—Five men have been arrested and charged with the armed robberies of two jewelry stores in Manhattan, in which they got away with around $2 million worth of jewels.

The U.S. Attorney's Office in the Southern District of New York named the defendants in a press release Tuesday.

The men are Vincent Cerchio, 69, of Howard Beach, New York; Frank DiPietro, 65, of Red Bank, New Jersey; Vincent Spagnuolo, 65, of Monmouth Beach, New Jersey; Michael Sellick, 67, of Franklin Square, New York; and Samuel Sorce of Florham Park, New Jersey.

Defendants Cerchio, DiPietro, Spagnuolo, and Sellick are charged with the Jan. 3 robbery of a store on Madison Avenue, while Sorce is the sole defendant charged in connection with the May 20 robbery of a jewelry store on Elizabeth Street.

The store in Midtown was Bayco Jewels on Madison Avenue near East 61st Street, according to an NBC report, while the downtown store was not named.

On the morning of Jan. 3, the four men charged with the Midtown robbery traveled to the store via multiple vehicles.

At around 10:20 a.m., when a store employee was moving jewels into the front window display, DiPietro and Sellick entered the store dressed as construction workers, said authorities.

The store only lets customers in by appointment, as per court documents, but would routinely remove jewelry from the safe around that time to bring to the window display.

DiPietro allegedly pointed a gun at the employee and said, “Give it to me,” while Sellick told the employee to, “turn around and get in the closet.”

The two men allegedly stole three pieces of diamond jewelry, including a 73-carat diamond necklace, a 6-carat ring, and a pair of earrings weighing 17 carats, before all four defendants fled.

A diamond necklace, a diamond ring, and a pair of diamond earrings stolen from the Bayco jewelry store in Manhattan
These were the jewels stolen from the Bayco store in Midtown.

Surveillance footage shows all four men by the store the day before, likely “casing” the place, said authorities.

The second robbery took place on the morning of May 20. Similar to the first robbery, employees had just opened for business when DiPietro and Sellick allegedly entered wearing masks and construction vests.

Sellick allegedly pointed a gun at the store’s employees and instructed them to get down on the ground while DiPietro took jewelry.

The two men fled and got into a getaway car driven by Sorce, also dressed as a construction worker, said authorities, then switched to a second getaway car driven by Spagnuolo.

Sorce is the only suspect charged in the May 20 crime. 

 Related stories will be right here … 

The defendants are each charged with one count of Hobbs Act robbery and one count of conspiracy to commit Hobbs Act robbery, each of which carry a maximum sentence of 20 years in prison.

They are also charged with one count of brandishing a firearm during and in connection with a crime of violence, which carries a mandatory minimum sentence of seven years in prison, which would be in addition to any sentence imposed for Hobbs Act robbery.

The men are alleged to be linked to the Lucchese and Gambino crime families, as per the NBC report. DiPietro has previously served 19 years in federal prison in connection with the murder of a witness who testified against the Lucchese family, detailed in a report from a local Staten Island publication.

The defendants were taken to Manhattan federal court Tuesday and held without bail, said NBC.

FBI Assistant Director in Charge Michael J. Driscoll said, “The defendants allegedly brazenly robbed Manhattan jewelry stores of approximately $2 million worth of merchandise at gunpoint.  Violent robberies, especially those with firearms, will not be tolerated by the FBI and our partners in law enforcement. 

“The arrests today should serve as a warning to anyone willing to engage in armed robberies – you will face the consequences.”

NYPD Commissioner Keechant L. Sewell said, “The swift arrests in this case reaffirm the NYPD’s steadfast commitment, with its law enforcement partners, to hold everyone accused of violent acts accountable. The charges these defendants face reflect a callous disregard for life, and they will now be held accountable.”

The case is being handled by the Office’s General Crimes Unit with Assistant U.S. Attorneys Alexandra S. Messiter and Justin Horton in charge of the prosecution.

The Latest

Lightbox x Roséate Light Wand pendants
Lab-GrownDec 01, 2023
Lightbox Teams Up With Brand Founded by Former Tiffany Exec

The lab-grown diamond brand also collaborated with the website The Future Rocks on a collection launching today.

Lila Moss Calvin Klein campaign
FinancialsDec 01, 2023
Movado Lowers Guidance Again After Q3 Sales Dip

The company said it is facing a “challenging retail environment” but is prepared for the holiday season.

Muzo emerald and argyle pink diamond necklace
CollectionsDec 01, 2023
Piece of the Week: Muzo’s Emerald and Argyle Pink Diamond Necklace

It’s the hero piece of the newest "Green Jewel" collection, a collaborative offering from the two mines.

Platinum  Guild International Diamond Rings
Brought to you by
If It’s Custom, Make It Platinum

With holiday proposals right around the corner, encourage your customers to go for platinum when making the big purchase.

Pink Supreme Diamond
AuctionsNov 30, 2023
This Pink Diamond Reigned Supreme in Hong Kong

The 15.48-carat fancy intense “Pink Supreme” topped Christie’s fall jewelry auction in Asia, while a Patek Philippe led the watch sale.

Weekly QuizNov 30, 2023
This Week’s Quiz
Test your jewelry news knowledge with this short test.
Take the Quiz
Claire’s CFO COO Chris Cramer
MajorsNov 30, 2023
Claire’s Hires Former Bath & Body Works Exec as CFO, COO

Chris Cramer, who also spent time at Gen Z intimates brand Parade, will take on the dual role.

133 carat yellow diamond
AuctionsNov 30, 2023
Sotheby’s To Auction 133-Carat Yellow Diamond

The stone headlining the upcoming sale could fetch up to $5 million.

Brought to you by
Did You Know? The Vital Role of IGI: The International Gemological Institute

In a world where the sparkle of a gemstone is only as brilliant as the trust behind it, IGI's purpose is truly invaluable.

Kwiat diamonds
IndependentsNov 30, 2023
Frank Adams Rolls Out Kwiat’s ‘Mine to Shine’ Program

The retail offering lets customers track their diamond’s journey.

Diamond development hub in Angola
SourcingNov 29, 2023
Largest New Diamond Mine of the Decade Coming Online in Angola

The Luele mine is expected to eventually make the country the world’s third-largest diamond producer.

Holiday shoppers holding bags
SurveysNov 29, 2023
Holiday Shoppers Broke a Record This Weekend, Says NRF

From Thanksgiving through Cyber Monday, 200.4 million consumers shopped online and in stores.

Cast StyleBar Nordstrom
MajorsNov 29, 2023
Cast Debuts at Nordstrom, Closes on More VC Funding

The growing company also plans to open more of its own boutiques.

EditorsNov 29, 2023
Warren Buffett on Success, Mistakes and Betting on America

The best quotes from the Oracle of Omaha and his right-hand man Charlie Munger from the 2018 Berkshire Hathaway shareholders meeting.

J. Dostie Jewelers
IndependentsNov 28, 2023
Maine Jeweler to Relocate After 76 Years

J. Dostie Jewelers will move from Lewiston to Yarmouth this spring.

Finks Jewelers new store
IndependentsNov 28, 2023
Fink’s Jewelers Opens 10th Store

It’s the company’s second location in Tennessee.

Mary Tyler Moore and a pair of Elsa Peretti Bone Cuffs
AuctionsNov 28, 2023
Mary Tyler Moore’s Jewelry Is Up For Auction

You can have this jewelry, why don’t you take it?

Original Miami Beach Antique Show 2024
Events & AwardsNov 28, 2023
The Original Miami Beach Antique Show Is Celebrating 60 Years

Next year’s milestone show will be full of educational programming and collaborations.

De Beers Metamorphosis high jewelry earrings
EditorsNov 27, 2023
10 Tips for Selling Diamonds This Holiday Season

Sales experts and a diamantaire share their best advice on how to send customers home with diamond jewelry.

Platinum Born new collection
CollectionsNov 27, 2023
See the New ‘Platinum Born’ Jewelry

The brand has released five new collections.

Frank Adams Jewelers
IndependentsNov 27, 2023
Frank Adams Jewelers Named ‘Family Business of the Year’

The Albany Business Review recently honored the 100-year-old company.

GIA Dr. John W. Valley
GradingNov 27, 2023
Dr. John W. Valley Retires from GIA Board of Governors

To honor his legacy, GIA has set up a scholarship in his name.

Buddha Mama citrine bangle
TrendsNov 22, 2023
Amanda’s Style File: November Glow

These 15 pieces of jewelry celebrate November babies and the hues of citrine and topaz that reflect the colors of the season.

Columbia Gem House fundraiser
SourcingNov 22, 2023
Columbia Gem House Raises $12K for Wildlife

The money will help a nonprofit rehabilitate sea turtles.

Facet Barcelona factory opening
MajorsNov 22, 2023
Facet Barcelona Opens New Factory in Spain

The jewelry manufacturer said it can now better serve the North American market.

David Yurman holiday campaign
TechnologyNov 21, 2023
See David Yurman’s New High-Tech Holiday Campaign

The jewelry brand takes viewers through a virtual winter wonderland set in New York City.

2023 Rock the Jewels Awards winners
Events & AwardsNov 21, 2023
Here Are the Winners of BIJC’s Inaugural ‘Rock the Jewels’ Awards

The organization recognized outstanding industry players at its celebratory event.

Rough diamonds from De Beers Gahcho Kue mine
SourcingNov 21, 2023
De Beers’ Rough Diamond Sales Sink to $80M

India’s voluntary moratorium on rough diamond imports coupled with a stunted recovery in China continue to impact the miner.


This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy