News
International con man who used ‘sleight-of-hand’ to swipe $260K in diamond rings from Tiffany, Cartier pleads guilty 
A 50-year-old international jewel thief from Queens has pleaded guilty to using sleight-of-hand, misdirection and counterfeit jewelry to steal more than $260,000 worth of diamond rings from Tiffany & Co. and Cartier — ending a years-long global crime spree.
Prosecutors say the CFA Institute’s former marketing chief embezzled millions and bought a $150k engagement ring 
The Manhattan district attorney's office said on Monday that it had charged the CFA Institute's former chief marketing officer for embezzling millions. Prosecutors said he used the money to splurge on club memberships and luxury goods.
D.A. Bragg Announces Full Restitution Of $36.8K To Workers In Wage Theft Prosecution 
“With this resolution, hardworking New Yorkers will be paid what they rightfully earned, and the unscrupulous owner of a construction company will not be able to bid on City contracts for three years,” said District Attorney Bragg. “I thank DOI for its partnership in rooting out fraud in our city contracts, especially in a field as critical and potentially dangerous as construction.”
Tiffany, Cartier Lost Diamond Rings to ‘Sleight-of-Hand’ Con Man 
Yaorong Wan, 50, admitted switching a diamond ring worth $225,000 for a fake one and then walking out of Tiffany’s flagship store on Fifth Avenue in New York in March 2024. About a week later, he pocketed a $24,000 ring at the Cartier store in Hudson Yards, according to the Manhattan District Attorney’s office.
NYC exec stole $6M, used dough to buy $150K engagement ring and 150 plane tickets: prosecutors 
Michael Collins, the 61-year-old chief marketing officer for the digital banking platform nCino, created bogus companies filled with fake employees and led by phony presidents to pull off his scheme, prosecutors said.
Ex-CFA Institute Executive Charged With Embezzling Millions 
Michael J. Collins, who worked at the CFA Institute from 2016 to 2022, was arrested Monday on an eight-count indictment by the Manhattan district attorney’s office. According to prosecutors, he used his position as a marketing executive to hire outside consulting firms that he actually created and controlled, submitting fake invoices for “non-existent work.”

Manhattan District Attorney's Office