Former Tiffany Executive Sentenced to a Year in Jail for $2 Million Jewelry Theft

Ingrid Lederhaas-Okun admitted she had stashed the jewelry in her home

By Tom Hays
|  Monday, Dec 23, 2013  |  Updated 1:29 PM EDT
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Ex-Tiffany Exec Gets Prison for Jewelry Theft

Ingrid Lederhaas-Okun

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A former executive with Tiffany & Co. has been sentenced to one year and one day in prison for stealing more than $2 million in jewelry from the inventory of the famous Fifth Avenue jeweler.

Ingrid Lederhaas-Okun was sentenced Friday in federal court in New York City. She had pleaded guilty earlier this year.

As vice president of product development, Lederhaas-Okun had authority to check out jewelry from Tiffany to provide to potential manufacturers to determine production costs.

Authorities alleged that after she left Tiffany, the company discovered she had checked out 164 items that were never returned.

She admitted she had stashed the jewelry in her home in Darien, Conn.

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