Ex-Tiffany executive pleads guilty to $2.5m jewellery theft
NEW YORK (REUTERS) - A former executive at jeweler Tiffany & Co pleaded guilty Friday to stealing more than US$2 million (S$2.5 million) worth of jewellery from her one-time employer.
Ingrid Lederhaas-Okun, 46, a former vice president of product development, pleaded guilty to a count of interstate transportation of stolen property less than a month after she was arrested in connection with the theft.
Among the items were bracelets, earrings and pendants made of diamonds, platinum and gold.
Under a plea agreement, Lederhaas-Okun, a resident of Connecticut, has agreed to forfeit more than US$2.11 million and pay US$2.24 million in restitution.