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What Is Jewelry Fencing

Jewelry fencing involves the criminal act of theft and resale of stolen goods. It is a complex criminal activity in that it involves several individuals working together in a premeditated fashion to perpetrate the crime. In its simplest sense, fencing occurs when jewelry is stolen and then sold to the public for market value. The fence is the individual who sells the stolen jewelry knowingly and works with those who have acquired the stolen goods to make a profit. The jewelry industry loses more than $100 million per year due to jewelry fencing, pandora sale according to the FBI.

There are three main targets of jewelry theft. Once the theft occurs, the jewelry is fenced in a separate location.

The first target is the traveling salesman, who works for a jewelry wholesaler. The traveling pandora outlet salesperson may carry millions of dollars in jewels like diamonds, rubies or sapphires with him in a suitcase for use or display at jewelry shows. A theft ring may target the salesperson, who rarely travels with security, in his car or hotel, when the jewels are left unsupervised for a period of time.

A second target is the retail store. This is called a "smash and grab" robbery, where thieves break in and steal all the gems they can carry.

Finally, a residential burglary may occur where a criminal who has access to an individual's home may steal jewelry owned by the homeowner. A criminal can gain access to a residence either by breaking in, or by gaining access through someone already on premises.

A person acting as pandora charms cheap a fence is pivotal to the jewelry heist scheme. The fence is not the same individual who steals the gems. Generally, theft occurs by other individuals who then find a fence to convert the stolen pandora charms sale jewels into cash. A fence may be a retail store owner or a jewelery broker.

A "flying fence" takes place when jewelry is stolen in one location or state, pandora uk sale and an individual who is neither the thief nor the fence transports pandora charms clearance the gems to another state. Jewelry is transported by any means, including airplane, and is smuggled in a suitcase or on the person transporting the jewels. By fencing the jewelry in another location, it becomes more difficult to trace.

Fencing and complex jewelry theft involving multiple individuals acting together are investigated by the Federal Bureau of Investigation. Further, interstate commerce is subject to federal laws and not state laws, which may conflict pandora rings from state to state. As such, the FBI has established a Jewelry and Gem Program to deal with this type of activity.

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