Ingrid Lederhaas-Okun, the former vice president with Tiffany & Co. who had been ripping off her employer since 2005 for more than $2 million in jewelry, was sentenced in Manhattan Federal Court on Dec. 23 to one year and one day in prison, which would be followed by up an additional one year of supervised release.
Lederhaas-Okun sobbed openly in court when telling the judge how remorseful she was for stealing from the NYC luxury jewelry store, according to MSN.
"I can't express my remorse enough," Lederhaas-Okun said.
Following her arrest this summer, Lederhaas-Okun pleaded guilty to “one count of transporting stolen property in interstate commerce.”
Prosecutors in the case against the executive jewel thief originally pressed for a 46 month jail term, while Lederhaas-Okun's lawyer was trying to swing a deal for only six months behind bars for his client.
In addition to her prison sentence, the former Tiffany executive was also ordered by the judge “to forfeit more than $2.11 million to the government and pay $2.24 million in restitution” to Tiffany & Co.
Lederhaas-Okun was employed by Tiffany since 1991, and earned $360,000 a year at the jewelry store from 2010 to 2012.
She and her husband, who has since the arrest sought a divorce, reported income of $700,000 to $900,000 during those years, the judge said. Their house was valued at $4.4 million, he added. It is now up for sale to satisfy the court forfeiture.
For more on the Lederhaas-Okun / Tiffany jewel thefts, see the video accompanying this article.
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