Jewelry Store Owner in Massachusetts Faces Charges

The owner of a local second-hand jewelry store in Hyannis, Massachusetts has been charged with receiving stolen property following a three-month investigation during which police seized $100,000 worth of jewelry and other items, according to a local news report.

According to the report, the owner of Cape Cod Precious Gems, who pleaded not guilty last month to a charge of receiving stolen property worth more than $250, allegedly bought the items, including expensive bottles of port wine, a $25,000 sterling silver set of flatware and an autographed photograph of Larry Bird, after they were taken during burglaries in Falmouth and Yarmouth.

After further investigation, the owner was charged Wednesday with another count of receiving stolen property worth more than $250 and two counts of violating a town ordinance.