Four men were charged in connection with the break-in and accused of stealing $365,000 in cash, jewelry, and designer goods.
JBT Confirms Richard Weisenfeld as President
He has been serving as acting president since October, when Anthony Capuano went on medical leave.

Providence, R.I.--The board of directors of the Jewelers Board of Trade has confirmed the appointment of Richard Weisenfeld as president.
He has been serving in the position since October 2017, when Anthony Capuano announced he would be out on medical leave. Capuano then announced his retirement earlier this year.
Weisenfeld has served on the JBT board for 17 years. He was elected to the executive committee in 2008 and also served as chairman from 2014 to 2015.
He also has experience in executive positions in various jewelry companies over the last 45 years, including Pranda North America and most recently Riva Precision Manufacturing in Brooklyn, New York.
Weisenfeld is a member of the 24 Karat Club, Providence Jewelers Club, Boston Jewelers Club, Women’s Jewelry Association and International Precious Metals Institute.
He lives in East Greenwich, Rhode Island, with his wife, Jan.
His appointment follows closely on the heels of the announcement that Michael Kaplan, president of packaging and display company Rocket, is the new chairman of the board.
The board also recently elected the following officers and directors to serve a one-year term.
--First Vice-Chairman: Ann S. Arnold, Buyers International Group, LLC
--Second Vice-Chairman: Richard Katz, Richline Group, Inc.
--Secretary: Brenda M. Pimentel
--Treasurer: Richard Weisenfeld
Brian D. Fleming of Carla Corporation also was appointed to the JBT Executive Committee.
The following people were elected to the board for a two-year term.
-- Keven Peck, Color Merchants, Inc.
--Jeffrey Sarfaty, Head of Credit Division, ABN AMRO Capital USA LLC
Directors re-elected to the board for two years are as follows.
--Ann S. Arnold, Buyers International Group
--Ira Bergman, The Gordon Company, Inc.
--David Bonney, Lux Bond & Green, Inc.
--Edward N. DeCristofaro, LDC, Inc.
--Roderick H. Lichtenfels, W. R. Cobb Company
--Nilesh Sheth, Forever Collections, Inc.
--Todd Wolleman, Leo Wolleman, Inc.
Re-elected to the advisory board for a period of two years are the following.
--Phyllis Bergman, Mercury Ring (Div. of Kiran Jewels USA)
--Richard Greenwood, A. F. Greenwood Co., Inc.
These board members will continue to serve existing terms.
--Danielle Ingwer Cohen, Leo Ingwer Inc.
--Jeffery Corey, H. E. Murdock Company Inc.
--Brian D. Fleming, Carla Corporation
--Kevin Green, Seiko Corporation of America
--Michael L. Kaplan, Rocket Jewelry Box, Inc.
--Richard Katz, Richline Group, Inc.
--Michael Pelto, Jewelers Mutual Insurance Company
--Avi Raz, A & Z Pearls, Inc.
--Pinny Rubin, Quality Gold Inc.
The Latest

Santana Now's debut collection, “Unidad,” features symbolic motifs as well as pieces of wood from the Woodstock stage.

The 50-year-old man pleaded guilty earlier this year to robbing two jewelry stores and a pawn shop of more than $700,000 in merchandise.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The watch’s dial features an original design by Marvel comics illustrator Adam Kubert.


The new collection of lab-grown diamond and colored gemstone jewelry provides a “fresh perspective” on the category, Chatham said.

While some August babies are team peridot, the month's time-honored birthstone, others are team spinel, the newer alternative.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Edina Kiss’ “Popsicle” pendant and Karina Choudhrie’s “Ice Cream” charm satisfy that summer craving for a sweet piece of jewelry.

The massive billboard has been in the same spot on the department store’s Herald Square flagship store for decades.

The miner’s ruby and emerald auctions brought in a combined $102.9 million.

The goal is for the De Beers sale to be finished by the second half of 2026, with the subsequent approvals process expected to take a year.

David Bonaparte, along with Tim Haake and Ronnie VanderLinden, continue to lobby for tariff exemptions for diamonds, gemstones, and pearls.

Survey respondents were concerned about the rising prices of food and groceries as well as unemployment.

The trade show, slated for Sept. 4-8 in Vicenza, Italy, will feature sessions on trends, AI, gemology, and manufacturing.

The public shopping event featuring art, jewelry, watches, and rare collectibles, will take place in Santa Clara, California, this fall.

Endiama Commercial Director Elton Escrivão knows people have a lot of misperceptions about Angola. He wants to change that.

Reilly has been with PGI USA for the last 20 years, leading partnership development and professional education.

Boucheron reached record sales while Pomellato found success in its signature collections.

She was one of more than 120 American designers who created flags for the “United Flags of Fashion” project led by CFDA and Vogue.

Smith reveals the method The Retail Smiths use to help retailers and vendors write better job postings.

LVMH’s jewelry and watch brands outperformed the company’s other divisions in an environment the company described as “disrupted.”

“Sacred Heart” features symbols like crosses, angel wings, the Star of David, and the evil eye as a representation of coexistence.
The scholarships will go to early-career professionals looking to study gemology, bench work and jewelry design, or store operations.

Bain & Company delved into the trends shaping the luxury market, the impact of AI, and more in its recent study.

The exhibition reveals the gemology, geology, and cultural history of the iconic red gemstone.

The new sweeping slate of tariffs impacts 60 countries, including India, China, Thailand, Hong Kong, and the United Arab Emirates.
























