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Men Sentenced for Fencing Millions in Diamonds

September 22, 2021



RAPAPORT... A Texas court has sentenced five men who sold stolen goods for a Colombian gang that attacked traveling jewelry salespeople to a combined 16 years in prison and ordered them to pay $7.5 million in restitution.

The group of men, who were brought up on money-laundering charges, included a prominent jewelry dealer on New York’s 47th Street Diamond District, the Department of Justice for the Northern District of Texas said Tuesday. All five had pled guilty to various charges over the past two years.

Among them, Yuri Alishaev admitted that he agreed to purchase stolen diamonds. He pleaded guilty to concealment of a felony and was sentenced to probation. Alishaev has paid back the $1 million he owed in restitution, authorities noted.

Rubenhay Pinkhasov, who transported the stolen goods across state lines, was sentenced to 27 months in prison and ordered to repay $1 million. Romelio Rivieron and Elkin Acosta Lopez both faced money-laundering charges after traveling from their respective homes in Florida and Colombia to Texas to meet with the robbers after an attack and purchase stolen jewelry and diamonds. Lopez would than travel to New York to melt down the jewelry and sell it, or bring it back to Colombia and sell it in his shop there, while Rivieron resold his in Miami.

Lopez, who was arrested in March 2018 and subsequently sentenced to 68 months after pleading guilty in 2019, was ordered to repay $1.4 million. Rivieron will serve 32 months and owes $2.3 million. He has already repaid $230,000.

Meanwhile, New York resident Harrinson Corredor connected Lopez with the robbers and helped broker sales. The court ordered him to pay $1.8 million in restitution in addition to his original sentence of 63 months in prison.

Image: Loose diamonds and diamond jewelry. (Shutterstock)

Article originally published on Diamonds.net here

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