LARGO, Fla. — The Pinellas County Sheriff's Office (PCSO) said detectives arrested a St. Petersburg man after he allegedly stole 36 high-end watches from his employer.
Detectives said their investigation began in mid-May after they received a report that an employee at Gold & Diamond Source, later identified as 32-year-old Michael Kelly, had stolen several watches from the company starting in October 2021.
PCSO stated Kelly entered false information on company records to make it seem like there was a sale, and then stole watches from inventory and hid them in his suit jacket
Detectives said Kelly was seen on surveillance video entering false trade-in transactions, with no customer present.
Kelly was arrested on June 5 and charged with scheme to defraud, with Gold & Diamond Source reporting a financial loss exceeding $650,000.
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