SurveysJul 27, 2026
Jewelry Leads Luxury Market Amid Stabilization, Bain SaysBain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.
CrimeApr 11, 2018
NJ Jeweler Charged with Fencing Stolen Goods
Frank Lashvili allegedly sold jewelry stolen in a rash of rooftop burglaries across the New York metro area.
Frank Lashvili was arrested earlier this month for allegedly fencing jewelry stolen during rooftop burglaries in the New York metro area.
Hackensack, N.J.--Police have arrested a New Jersey jeweler who allegedly was fencing stolen goods.
According to a press release from the Bergen County Prosecutor’s Office, police arrested 56-year-old Frank Lashvili of River Vale, New Jersey on April 5. It’s not clear at this time where Lashvili works as a jeweler.
The release states that on Oct. 22, 2017, suspects cut a hole in the roof of Le Cristal Jewelry in Englewood, New Jersey and stole about $275,000 in jewelry.
An investigation conducted by the Bergen County Prosecutor’s Office and the Englewood Police Department found it was committed by a burglary crew allegedly including Kevin Lyde, 55, of Brooklyn, New York, and other suspects still at large. The investigation also implicated Lyde and the suspects in several other rooftop jewelry store burglaries throughout the New York metro area.
The press release states that the burglars would then fence the stolen jewelry through Lashvili. He has been charged with two counts of fencing and two counts of receiving stolen property.
In addition, the New Rochelle Police Department announced it has arrested Lyde and one other man—Kevin Young, 55, also of Brooklyn—in connection with the Feb. 2 burglary of a local jewelry store.
The police department confirmed via press release that after executing search warrants at various locations in Brooklyn and Manhattan following the burglary of New Rochelle Coin, Stamp and Jewelers, they arrested Lyde and Young on April 5.
The two men, along with a suspect who hasn’t yet been located, allegedly broke into the store by cutting a hole in the roof and dropping into the back before stealing more than $1 million in goods.
Lyde and Young have been charged with first-degree grand larceny and third-degree burglary.
New Rochelle police said both men have been booked and are being held pending arraignment. The investigation remains open as they search for the third suspect.
The Bergen County Prosecutor’s Office said additional charges are expected to be filed in both New Jersey and New York in the coming days against Lyde, Young, Lashvili and the other suspects still at large.
According to the Jewelers Security Alliance’s 2017 Annual Crime Report, there were 18 rooftop burglaries from nine states in 2017, compared with 16 rooftop burglaries the
Editors' Picks
Sponsored by
year before. The JSA said most of these burglaries resulted in large losses.
Alarm systems were compromised in a number of cases. In other situations when alarm signals were successfully sent, police left the scene while the burglars possibly were still inside the stores, on the roof or nearby because they were unable to spot any obvious signs of a break-in.
In most of the recent incidents, the suspects took merchandise that had been left in showcases overnight.
Alarm systems were compromised in a number of cases. In other situations when alarm signals were successfully sent, police left the scene while the burglars possibly were still inside the stores, on the roof or nearby because they were unable to spot any obvious signs of a break-in.
In most of the recent incidents, the suspects took merchandise that had been left in showcases overnight.
More on Crime
The Latest
SourcingJul 27, 2026
‘Rubies’ Goes on Display at Harvard MuseumThe exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.
Policies & IssuesJul 24, 2026
New Trump Tariffs: What They Mean for Jewelry The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center StageColored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
TrendsJul 24, 2026
Amanda’s Style File: Ode to ‘The Odyssey’From coin pendants to diamond shields, these old world-inspired jewels are the perfect accessory for an epic journey.
Weekly QuizJul 23, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
TrendsJul 24, 2026
Courtney Leidy’s Silk Cord Pendants Center Unexpected Pairings Our Piece of the Week pairs a checkerboard-cut amethyst with an ivy green silk cord.
PodcastsJul 23, 2026
Episode 7: Reinhold Jewelers on the Power of RelationshipsMildred Marcano Abrams and Yael Reinhold join the podcast to talk community connections, holiday plans, and preserving Reinhold’s legacy.
Brought to you by
Building the Future of Jewelry Retail: DCA Expands Education, Leadership Development, and Workforce SolutionsDCA is preparing the next generation of professionals by supporting workforce development, leadership growth, and career advancement.
SourcingJul 23, 2026
De Beers’ Production Jumps 88 Percent in Q2 Production also was up in the first half of 2026 but is expected to “substantially” decrease in H2 as two key mines undergo maintenance.
CollectionsJul 23, 2026
Silvia Furmanovich’s New Collection Travels Back to the 1920s“Art Deco” fuses ancestral techniques, rare materials, and modern perspectives as a tribute to the optimism and curiosity of the movement.
IndependentsJul 23, 2026
Sissy's Log Cabin Opens Casino StoreThe jeweler’s newest store is inside Arkansas’ Saracen Casino Resort.
WatchesJul 23, 2026
Movado Inks Licensing Deal With Kate Spade New YorkThe watch company will design, manufacture, and distribute Kate Spade New York watches.
Policies & IssuesJul 22, 2026
Trump to Put 50% Tariff on Canadian Goods The higher tax is set to go into effect in August and will apply to loose polished diamonds as well as precious and base metals jewelry.
CollectionsJul 22, 2026
Monica Rich Kosann’s High Jewelry Is FruitfulThe “Enchanted Garden” series features a cherry, lemon, and pear that each hold a little secret inside.
IndependentsJul 22, 2026
Liljenquist Beckstead Opens Rolex New BoutiqueIt’s located in Tysons Galleria, an upscale shopping center in the Washington, D.C., metro area.
Events & AwardsJul 22, 2026
NY Now Returns in August Under New OwnershipThe show, recently acquired by Rockview Management Group, will be held at New York City’s Javits Center from Aug. 2-4.
ColumnistsJul 21, 2026
Sherry Smith: Shattering the Illusion of the ‘Either/Or’ Diamond MarketSmith offers retailers guidance on creating an environment where natural and lab-grown diamonds can both thrive.
Events & AwardsJul 21, 2026
Apollo Funds Completes Emerald AcquisitionFormer Emerald President and CEO Hervé Sedky has transitioned to the role of senior advisor.
CollectionsJul 21, 2026
Graff’s New Butterfly High Jewelry Brooches MetamorphosizeThe 12-piece capsule collection transforms from brooches to pendants.
SourcingJul 21, 2026
Anglo Reportedly Selects Gareth Penny’s Consortium as Top Bidder for De BeersA Botswana government official told lawmakers Anglo has selected The Global Diamond Consortium, an entity chaired by Penny, to buy De Beers.
Policies & IssuesJul 20, 2026
Tariffs on Brazil to Increase But Rough Gemstones ExemptThe new tariff, imposed after a Trump administration study, is 25 percent and will stack on top of existing tariffs.
CollectionsJul 20, 2026
Vhernier Transforms ‘Freccia’ Collection Into High JewelryThe collection from 2014 has been reinterpreted into high jewelry with its signature triangular-shaped elements.
MajorsJul 20, 2026
Krista Collins Walters Promoted to Publisher of InstoreShe will also take on the role of vice president of jewelry for SmartWork Media, a newly created position.
Events & AwardsJul 20, 2026
TJS Accepting Speaker Proposals for 2027 EventOrganizers are looking for presentations on topics like manufacturing, technology and research, bench work, gemstones, and sustainability.
CollectionsJul 17, 2026
HOWL Taps Shailene Woodley for ‘Home Sweet Home’ CampaignWoodley is seen in the campaign wearing our Piece of the Week, the “Frida” collar featuring 13 pieces of hand-carved Venetian glass.
SourcingJul 17, 2026
U.K. Woman Pays £5 for £15K Diamond Ring at Car Boot SaleA WeBuyVintage jewelry expert uncovered how much the flea market find was actually worth.
SourcingJul 17, 2026
Diamond Dealer Jeff Pancis Pens MemoirThe founder of natural colored diamond wholesaler Pancis Gems shares stories from his five decades in the industry.
