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(Fox 8 Cleveland)   Watch this thief steal over $100,000 of jewelry from KMart. No, I didn't misplace a decimal point   (fox8.com) divider line
    More: Strange, Security, Surveillance, Constable, Police, Law enforcement, Surveillance cameras, Seven Hills Police Department, Chief Michael Salloum  
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2680 clicks; posted to Main » on 07 Mar 2019 at 9:50 AM (10 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



31 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest
 
2019-03-07 09:16:20 AM  
That's K-Mart's claim of the jewelry's retail value, which I have a feeling uses much of the same computational methodology that police officers use when calculating the street value of drugs seized in a raid.
 
2019-03-07 09:40:28 AM  
What - Did they have a semi full of K-Mart jewelry and she stole the semi?
 
2019-03-07 09:50:56 AM  
K-Mart is still open?
 
2019-03-07 09:53:37 AM  

UberDave: What - Did they have a semi full of K-Mart jewelry and she stole the semi?


The semi also contained the deeds to 3 Kmarts
 
2019-03-07 09:55:02 AM  
$100k worth of jewelry in a K-Mart in OHIO?

Yeah, cop/retail math involved here
 
2019-03-07 09:56:45 AM  
Wait why does that cop have a tom Brady bobble head
 
2019-03-07 09:57:08 AM  
The whole jewelry dept of every store was in one place???

Inside job! Deep (OHIO) State!
 
2019-03-07 09:57:16 AM  
img.fark.netView Full Size
 
2019-03-07 09:58:59 AM  
The blue light wasn't on, so the jewelry was at full price.
 
2019-03-07 09:59:25 AM  
Eddie Lampert strikes again!

DRTFA
 
2019-03-07 10:01:17 AM  
I like how their "retail" can still have an 80% sale and they can still make a profit.
 
2019-03-07 10:01:25 AM  
I worked in a Kmart long ago and it was robbed at night. The guys apparently just did the old "hide in the changing rooms until everyone leaves" trick. Anyway, they smashed security cases open to steal video game consoles and other small-dollar electronics, but totally ignored the extremely valuable cameras and video equipment in the same cases... Easily worth triple the amount of anything they took.

But here's the funny part: They smashed jewelry display cases open to steal jewelry. Did they make off with diamonds, platinum bands, and alexandrites? Nope. They stole every bit of the store's cubic zirconia, though. They cleaned out all the gold-plated costume jewelry. They grabbed everything with an onyx or tiger eye. They completely missed the diamonds, though. They didn't touch the alexandrite. They didn't come anywhere near the platinum or really anything decent. The rings, pendants, necklaces, pins, and earrings they stole would get them a few bucks at the pawn shop, at best. Meanwhile, the diamonds remained safe and sound in a little drawer under the glass cases, protected by a wooden sliding door with a small padlock on it.

These were not geniuses.

In the end, it cost the store more to fix the cases they smashed than the value of the stuff the guys stole.
 
2019-03-07 10:13:16 AM  

gunsmack: K-Mart is still open?


Video showed they had the "STORE CLOSING" banner out front and the voiceover said that they had just shipped the jewelry in for liquidation, which, huh? They specially brought it in just to sell it at "ugh, just get rid of it!" prices?
 
2019-03-07 10:17:13 AM  
I find it highly improbable one K-mart would have $100k jewelry at any one given time.   Even if they did why would you not move it to a safe at closing time for extra security?

Seriously I have seen the stuff K-mart stock in jewelry ( mind this was several years ago before the ;local one went out of business) and despite what they were charging I doubt they had more than $7K in actual value in the entire jewelry section.

Most of it was cubic zirconia mounted on gold plated rings and necklaces  and what few  diamond rings they had the stones were tiny.   You would a microscope to check the stones for flaws.

The value here sounds grossly inflated even if you toss in costs to replace the broken jewelry cases and such.
 
2019-03-07 10:17:34 AM  
tl;dr, did he mug the CEO in an alley?
 
2019-03-07 10:18:00 AM  
Having worked im local TV and not even news, there were two things that really bugged me about the video version of that story: It started with an ad of one of their news guys openly endorsing a sponsor, which is an ethical no-no and also bad optics, and also the voiceover kept pausing in mid-sentence, like the reporter couldn't record a whole sentence at once and kept recoding short phrases and no one could be bothered to edit it better.

/And this was a major network affiliate in a major city?
 
2019-03-07 10:20:30 AM  
"According to the police report, Kmart had just gotten a new shipment of jewelry for liquidation ... Officers were unable to lift any prints from the cases... the follow up investigation showed that it was possible that someone was inside the store after the store closed... Kmart, which closes March 10, had no comment." ~ FTA

Yeah... I'm going with that being one of the employees doing it, or maybe they told a friend about it.  Even if it's only really worth 10,000 dollars, you probably shouldn't flash that much bling to a bunch of people who know they're going to be unemployed come Monday.

When a company goes out of business the employees tend to take everything that isn't nailed down... K-Mart is different, they have crow bars in aisle 6.
 
2019-03-07 10:23:40 AM  

Fireproof: gunsmack: K-Mart is still open?

Video showed they had the "STORE CLOSING" banner out front and the voiceover said that they had just shipped the jewelry in for liquidation, which, huh? They specially brought it in just to sell it at "ugh, just get rid of it!" prices?


Sale! Sale!!! SALE!!!!! We've been going out of business for 25 years!!!
 
2019-03-07 10:27:58 AM  

grimlock1972: I find it highly improbable one K-mart would have $100k jewelry at any one given time.   Even if they did why would you not move it to a safe at closing time for extra security?

Seriously I have seen the stuff K-mart stock in jewelry ( mind this was several years ago before the ;local one went out of business) and despite what they were charging I doubt they had more than $7K in actual value in the entire jewelry section.

Most of it was cubic zirconia mounted on gold plated rings and necklaces  and what few  diamond rings they had the stones were tiny.   You would a microscope to check the stones for flaws.

The value here sounds grossly inflated even if you toss in costs to replace the broken jewelry cases and such.


Hmm...

Burglar came in right after everyone left.

Burglar apparently knew what/where all the good stuff was, left no fingerprints, and managed to get out in under four minutes.

Store giving grossly inflated value of stolen goods to police.

Store was in the clearance sale process, meaning lots of unhappy employees with no jobs to lose that also don't care if their store takes a hit.

Store was just conveniently restocked with new jewelry, allegedly just to sell it at clearance prices.

Is it too soon to ask if this was insurance fraud?
 
2019-03-07 10:38:08 AM  

Fireproof: Having worked im local TV and not even news, there were two things that really bugged me about the video version of that story: It started with an ad of one of their news guys openly endorsing a sponsor, which is an ethical no-no and also bad optics, and also the voiceover kept pausing in mid-sentence, like the reporter couldn't record a whole sentence at once and kept recoding short phrases and no one could be bothered to edit it better.

/And this was a major network affiliate in a major city?


I worked in news for over 10 years and this is kinda standard stuff. They probably re did this package for the web.

But how it was edited was a bit odd. I would have done it differently. The reporter was doing (I think) the vocals in the style of news but she had allot of dead air and her speaking tone was too monotone for my liking.
 
2019-03-07 10:47:44 AM  
Wanted for questioning

img.fark.netView Full Size
 
2019-03-07 10:50:01 AM  

Fireproof: grimlock1972: I find it highly improbable one K-mart would have $100k jewelry at any one given time.   Even if they did why would you not move it to a safe at closing time for extra security?

Seriously I have seen the stuff K-mart stock in jewelry ( mind this was several years ago before the ;local one went out of business) and despite what they were charging I doubt they had more than $7K in actual value in the entire jewelry section.

Most of it was cubic zirconia mounted on gold plated rings and necklaces  and what few  diamond rings they had the stones were tiny.   You would a microscope to check the stones for flaws.

The value here sounds grossly inflated even if you toss in costs to replace the broken jewelry cases and such.

Hmm...

Burglar came in right after everyone left.

Burglar apparently knew what/where all the good stuff was, left no fingerprints, and managed to get out in under four minutes.

Store giving grossly inflated value of stolen goods to police.

Store was in the clearance sale process, meaning lots of unhappy employees with no jobs to lose that also don't care if their store takes a hit.

Store was just conveniently restocked with new jewelry, allegedly just to sell it at clearance prices.

Is it too soon to ask if this was insurance fraud?


It's totally insurance fraud.
 
2019-03-07 10:55:27 AM  

mrsleep: Fireproof: grimlock1972: I find it highly improbable one K-mart would have $100k jewelry at any one given time.   Even if they did why would you not move it to a safe at closing time for extra security?

Seriously I have seen the stuff K-mart stock in jewelry ( mind this was several years ago before the ;local one went out of business) and despite what they were charging I doubt they had more than $7K in actual value in the entire jewelry section.

Most of it was cubic zirconia mounted on gold plated rings and necklaces  and what few  diamond rings they had the stones were tiny.   You would a microscope to check the stones for flaws.

The value here sounds grossly inflated even if you toss in costs to replace the broken jewelry cases and such.

Hmm...

Burglar came in right after everyone left.

Burglar apparently knew what/where all the good stuff was, left no fingerprints, and managed to get out in under four minutes.

Store giving grossly inflated value of stolen goods to police.

Store was in the clearance sale process, meaning lots of unhappy employees with no jobs to lose that also don't care if their store takes a hit.

Store was just conveniently restocked with new jewelry, allegedly just to sell it at clearance prices.

Is it too soon to ask if this was insurance fraud?

It's totally insurance fraud.


Did they consult Kanye and Kim?
 
2019-03-07 10:56:55 AM  

mrsleep: Fireproof: grimlock1972: I find it highly improbable one K-mart would have $100k jewelry at any one given time.   Even if they did why would you not move it to a safe at closing time for extra security?

Seriously I have seen the stuff K-mart stock in jewelry ( mind this was several years ago before the ;local one went out of business) and despite what they were charging I doubt they had more than $7K in actual value in the entire jewelry section.

Most of it was cubic zirconia mounted on gold plated rings and necklaces  and what few  diamond rings they had the stones were tiny.   You would a microscope to check the stones for flaws.

The value here sounds grossly inflated even if you toss in costs to replace the broken jewelry cases and such.

Hmm...

Burglar came in right after everyone left.

Burglar apparently knew what/where all the good stuff was, left no fingerprints, and managed to get out in under four minutes.

Store giving grossly inflated value of stolen goods to police.

Store was in the clearance sale process, meaning lots of unhappy employees with no jobs to lose that also don't care if their store takes a hit.

Store was just conveniently restocked with new jewelry, allegedly just to sell it at clearance prices.

Is it too soon to ask if this was insurance fraud?

It's totally insurance fraud.


The individual store is going out of business and the parent company is twice bankrupt, any money made by insurance fraud is going to creditors.
 
2019-03-07 11:00:36 AM  
Looks like that store is closing on March 10th, maybe it was Eddie Lampert trying to get the insurance money. Or maybe and inside job from a disgruntled former/almost former employee.
 
2019-03-07 11:51:05 AM  
Actual Cost $100.00
Retail Cost  $100,000.00
Special K 80% discount $20,000.00
 
2019-03-07 11:55:03 AM  
I worked at Kmart in 1979.  We used to get paid in cash every Friday.  That way we could shop in the store before we went home.  Brilliant plan until a "friend" of a former employee came in on a Friday and robbed the whole payroll.  That was the end of that.

Our store did an amazing amount of sales in the 70's/80's.  Instead of a retirement fund, employees got stock in the company.  How do you think that worked out for them?  I knew people who worked there for 30 years.  Sad.
 
2019-03-07 01:00:27 PM  

electricjebus: mrsleep: Fireproof: grimlock1972: I find it highly improbable one K-mart would have $100k jewelry at any one given time.   Even if they did why would you not move it to a safe at closing time for extra security?

Seriously I have seen the stuff K-mart stock in jewelry ( mind this was several years ago before the ;local one went out of business) and despite what they were charging I doubt they had more than $7K in actual value in the entire jewelry section.

Most of it was cubic zirconia mounted on gold plated rings and necklaces  and what few  diamond rings they had the stones were tiny.   You would a microscope to check the stones for flaws.

The value here sounds grossly inflated even if you toss in costs to replace the broken jewelry cases and such.

Hmm...

Burglar came in right after everyone left.

Burglar apparently knew what/where all the good stuff was, left no fingerprints, and managed to get out in under four minutes.

Store giving grossly inflated value of stolen goods to police.

Store was in the clearance sale process, meaning lots of unhappy employees with no jobs to lose that also don't care if their store takes a hit.

Store was just conveniently restocked with new jewelry, allegedly just to sell it at clearance prices.

Is it too soon to ask if this was insurance fraud?

It's totally insurance fraud.

The individual store is going out of business and the parent company is twice bankrupt, any money made by insurance fraud is going to creditors.


Definitely and an inside job though.
 
2019-03-07 01:29:35 PM  

Fireproof: gunsmack: K-Mart is still open?

Video showed they had the "STORE CLOSING" banner out front and the voiceover said that they had just shipped the jewelry in for liquidation, which, huh? They specially brought it in just to sell it at "ugh, just get rid of it!" prices?


A lot of the times, liquidators bring in truckloads of random crap that was never sold in that said store to begin with. When Bon Ton recently went under, they had a whole section of insanely overpriced fancy rugs, stuff that was never sold there before. In this instance, I wonder who will eat the loss because AFAIK, when a liquidator takes over, they basically own everything in the store except certain property that is still tied to corporate.
 
2019-03-07 01:31:55 PM  

WilderKWight: These were not geniuses.


Most criminals are not.
 
2019-03-07 05:28:05 PM  

WRRandolphs: Eddie Lampert strikes again!

DRTFA


When Sears Holding finally goes under, the *only* person who will get *any* money from the final liquidation sale will be Eddie Lampert, as he (or, more exactly, one of his *other* companies) will be the sole holder of any secured debts the company has.
 
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