Police have arrested the proprietor of a "Cash 4 Gold" shop in connection with allegedly selling stolen jewelery and now are seeking the rightful owners of the stolen goods.
Meir Cohen, 48, of the 2100 block of Berwyn Street, the owner of Cash 4 Gold at 3595 Aramingo Avenue in the Port Richmond area, was arrested on March 20 on charges of tampering with records and precious metals-keep records after an undercover detective from the East Detectives Division allegedly performed an undercover sting of Cohen's business.
Under city ordinances, pawnbrokers and dealers in precious metals are required to share all transactional information with the police department through the "Leads Online System."
After an unidentified individual who admitted to police that he participated in robbing jewelry from a home on the 2500 block of Auburn Street on March 7 told police he had sold some of the jewels to Aramingo Cash 4 Gold, an investigation of the business was initiated.
Police say they found that from July 23, 2013 to March 13, 2014, Aramingo Cash 4 Gold added no information to the Leads system.
An undercover detective allegedly approached Cohen, who had two prior arrests, with a bracelet and a ring for sale on March 20 at 4:50 p.m.
Cohen allegedly bought the bracelet for $115 but did not take the undercover detective's photograph or thumbprint, or take a photograph of the bracelet, as is required by the Leads system and city law.
Ten minutes later at 5 p.m. on March 20, police executed a search warrant at the store and recovered several items of jewelry and watches and a collectible set of Barbie dolls.
Police are asking anyone who may have had these items stolen from them to come forward.
Police posted video of the suspicious jewelry on their Youtube channel.