2 Suspects Charged in $300K Sleight-of-Hand Jewelry Store Scam
Two men allegedly used counterfeit bills to purchase luxury watches and jewelry from a North Carolina jeweler.

Robert Lewis Elliott III, 36, and Devin Alonzo Elliott, 30, of Okolona, Mississippi, are charged with conspiracy to pass counterfeit obligations and passing counterfeit obligations, according to a press release from the office of Russ Ferguson, U.S. attorney for the Western District of North Carolina.
The criminal indictment was filed in August and was unsealed on Sept. 25 after the defendants’ court appearances.
According to the indictment, the two men traveled from Mississippi to North Carolina in June, entering the jewelry store, identified in local reports as Solitaire Jewelry at the Carolina Place Mall, on June 26.
They allegedly told an employee that they intended to buy $300,000 worth of watches and jewelry. They left a $1,000 cash deposit and said they would return the next day to finalize the sale.
The following day, June 27, the men did return.
According to the indictment, Robert allegedly handed over $10,000 (a stack of genuine $100 bills) for the employee to count.
The bills were counted using an electronic counter and verified with a counterfeit detection pen, the release said.
Then, the indictment alleges, Robert used a sleight-of-hand technique to swap the genuine bills with a stack of counterfeit bills, which were placed in the store’s safe as payment.
Robert used the same stack of genuine bills over and over, repeating the process until all the counterfeit money was in the safe.
Once the employee had finished counting the money, he asked Robert for his identification to complete the sale.
Robert allegedly said that he needed to go to his car to get his ID as well as money to buy more jewelry.
The two men then exited the store and fled, taking watches and jewelry valued at a combined $300,000, as per the release.
The stolen items were: a Patek Philippe diamond watch ($90,000), an Audemars Piguet watch ($48,000), a Cartier watch ($25,000), four Rolex watches ($76,300 total), a rose gold Cuban link chain ($32,000), a gold bracelet ($17,500), a bangle bracelet ($8,200), diamond earrings ($1,000), and 24-karat gold earrings ($2,000).
Robert and Devin were released on bond, the release said.
If convicted, they face up to five years in prison for conspiracy to pass counterfeit obligations and 20 years in prison for passing counterfeit obligations.
The Latest

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.


Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

The new show will take place Jan. 23-25, 2026.

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.

The luxury titan inked a deal to acquire an initial minority stake in the jewelry manufacturer with a pathway to full ownership by 2032.

The company’s curation of unsigned vintage and estate jewelry debuted at the Bloomingdale’s in Costa Mesa, California.

Helzberg’s Chief Retail Officer Mitch Maggart shared details about its tests of a new store concept rooted in an elevated luxury experience.

Jewelers of America execs and National Jeweler editors discuss tariffs, the sky-high gold price, and the engagement that broke the internet.

The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.

Laura Burdese, who joined the Italian luxury brand in 2022, will take on the role in July.

The National Jeweler editors revisit the most noteworthy industry happenings and design trends from 2025.

Need a gift for the cat lover who has everything? Look no further than our latest Piece of the Week.

It purchased the “Grosse Pièce,” an ultra-complicated Audemars Piguet pocket watch from the ‘20s, for a record-breaking price at Sotheby’s.

The lab-grown diamond grower now offers custom engagement and fashion jewelry through its Kira Custom Lab Jewelry service.

Chandler got his start at Michelson Jewelers and has served as DCA president and CEO since 2001. He will retire at the end of the month.






















