Tiffany & Co. Exec Steals over $1M in Jewelry

As recently as today, a former executive with Tiffany & Co. was arrested for stealing a number of little blue box bounties from the jeweler’s midtown Manhattan headquarters and resold them for more than $1.3 million over a period of time, federal authorities said Tuesday. Ingrid Lederhaas-Okun was arrested Tuesday at her home in Darien, Connecticut. She was to appear later in the day in federal court in Manhattan to face charges of wire fraud and interstate transportation of stolen property.

As vice president of product development, Lederhaas-Okun had authority to “check out” jewelry from Tiffany at anytime she saw fit in order to provide to potential manufacturers to determine production costs. Authorities allege that after she left Tiffany in February, the company discovered she had checked out 164 items that were never returned.

According to a criminal complaint, the missing jewelry included “numerous diamond bracelets in 18-carat gold; diamond drop and hoop earrings in platinum or 18-carat gold; diamond rings in platinum; rings with precious stones in 18-carat gold; and platinum and diamond pendants.”

When confronted about the missing jewelry, Lederhaas-Okun claims that she had left some of it behind at Tiffany and that some had been lost or damaged, the complaint said. But in reality, an investigation found that Lederhaas-Okun resold the goods to an unidentified international dealer for more than $1.3 million.

Bank records also showed that since January 2011, the dealer wrote 75 checks to her or her husband for amounts of up to $47,400, the complaint said. Investigators also recovered purchase forms signed by Lederhaas-Okun that said the items were her personal property.

Authorities allege Lederhaas-Okun purposely checked out items valued at under $10,000 apiece to avoid detection. The company takes a daily inventory of all checked-out items worth more than $25,000. If convicted, Lederhaas-Okun faces up to 20 years in prison. The name of her attorney wasn’t immediately available.

Cocktails at Tiffany to Celebrate the Success of The Society of MSKCC's Bunny Hop

 

As Always, Live, Life, Lamour,

R.Lamour

 

The Brooch

More often than not, brooches seem to have their phase of coming in and out of the jewelry scene. Although their history is somewhat scattered and shallow much like their often frequent disappearance, their overall purpose is usually mistaken and use misunderstood. Historically, brooches are decorative jewelry which are made of a metal ranging from either silver, bronze, or gold. They are also decorated with enamel of gemstone and meant to be used as a piece to fasten together two pieces of clothing.

Although their use seems somewhat practical, I guess the reason they are hardly every used is because we hardly have any true practical use for them. I’ve noticed their popularity slowly creeping its head recently as more jewelry aficionados such as designers and stars have worn them. Many people whom use brooches, usually uses them as pins on their blouses to convey a message or image of sorts.

This maybe a matter of opinion, but i’ve hardly seen a brooch that can compare to brooches made within an era of popularity. Ive scoured the internet to find some brooches of new and old to clearly make a case for my observation. You be the judge.

gmfldsChristian Dior insignia brooch 1965

 

gmfldsAnother Christian Dior 1955 Arrow of  Love

 

gmfldsCrown Trifari fish net brooch 1965

 

gmfldsTiffany & Co. 2013 ball brooch

gmfldsunknown 2011 brooch

 

As always, Live,Life, Lamour,

R.Lamour

 

 

Tiffany & Co. featured in The Great Gatsby

The much anticipated and recently released Great Gatsby film has had much of its fans drooling over the magnificent jewelry pieces worn by its stars.  Amazingly enough, the jewelry worn in the film is based on designs from the coveted Tiffany & Co. Archives.  The style of Daisy Buchanan, played by Carey Mulligan, was a wonderful representation of the glitz, glamour, and rebellion of the Roaring Twenties. Throughout the film she wore tassel necklaces and jewels with conch pearls. At lavish parties her blonde bob was accessorized with the Savoy, a headdress of diamonds and cultured pearls, and her hands were adorned with a daisy ornament and diamond rings with the renowned Tiffany setting.

“This exuberant, very decorative style [of the 1920’s] constantly comes back as a key point to designers,” Catherine Martin, costume designer of The Great Gatsby, said recently in an interview.

The leading lady isn’t the only one with dazzling accessories. Jay Gatsby, played by Leonardo DiCaprio, accessories his custom Brooks Brothers shirts with 18k gold oval cuff links. A sterling silver flask which fits easily in the pockets of his tailored linen suits and tuxedo.

The jewelry throughout this film symbolized the story’s themes of wealth and privilege. The makers were instrumental in approaching its design with the utmost care carefully keeping style and luxury in mind. Some of the pieces from the film are featured just below. Enjoy!

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GGBThe Savoy (photos courtesy of Tiffany & Co. from The Great Gatsby collection)

GGB

Earrings of conch pearls and diamonds in platinum

GGB

Necklace with a 49.59 ct. emerald-cut aquamarine, diamonds, and platinum, and earrings of emerald-cut aquamarines, diamonds, and platinum

GGBRing with a cushion-cut black onyx, diamonds, and platinum

 

As always, Live, Life, Lamour,

R.Lamour

 

Tiffany Blue Book!

Today’s post is centered around the most recent celebrity-studded event that Tiffany & Co. held to celebrate the launch of its 2013 Blue Book and subsequent collection at a ball at Rockefeller Center in NYC on April 18.

With their first released in 1845, the Blue Book is an event which annually publishes and showcases Tiffany’s latest and most spectacular jewels. In its inception, it was initially designed to serve as a means of personal communication between the company and its top clientele as a means of reaching customers who may have needed a bit of enticement to visit the store. Soon after as with history serving as our vessel for hindsight, it has ballooned into the star studded event it is today.

This year’s Blue Book features Tiffany jewelry primarily inspired by the Jazz Age, concurrent with the “Roaring 20s.” Jewelry from this period includes Art Deco designs, illustrated in streamlined and curved pieces, angular lines, and geometric shapes. Many of their pieces encompass the sheer creativity and vibrant energy of the jazz period.

Here is a sneak peek at what we missed from the event.

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Tiffany yellow diamond rings (above) with pink and white diamonds and sapphires ($90,000 to $180,000).

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The Savoy headpiece, part of The Great Gatsby Collection, with diamonds and freshwater cultured pearls in platinum ($200,000) and can be acquired here.

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Tiffany white diamond tiara with 8.43 carats of yellow diamonds ($335,000) .

 

As always, Live, Life, Lamour,

R.Lamour

Designer spotlight! Elsa Peretti

 

 

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Its not often that designers are recognised for their great creativity and contributions to the industry. Some of the greatest designers are hidden in the background of big brand names such as Cartier, Tiffany & Co. and many others. Our featured industry designer spotlights a woman whom has designed some of the greatest treasures of the jewelry industry and she is Elsa Peretti.

Elsa Peretti, an Italian born designer from Florence, has had a long and still flourishing career as a designer. Prior to a career as a designer she was a teacher and a model. Soon after at the age of 28 years old, she began her fruitful career as a designer. Initially  for smaller designers then soon after for a handful of top designers which include Halston, Tiffany & Co, and Giorgio di Sant’Angelo.

The impact of her designs have been so well received that she has had many best sellers for the jewelry houses she has created her works for. With a flair for creating simple, organic and aesthetic designs, she has within her design portfolio a gamut of timeless pieces. Some of the pieces include classics that we’ve all worn at one point of another even if they were knock offs from other jewelers, and some examples are below.

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As of recent, she has extended her partnership with Tiffany & Co. for an additional 20 years. This renewed relationship between the two, would come at a cost of 47.3 million as well as royalties to Tiffany amongst other lucrative little details. A pretty sweet deals for a 72 year old I might say.

 

Live, Life, Lamour

Rlamour