Alleged Jewelry Fences Arrested

A man and a woman who allegedly disposed of at least $10 million worth of jewelry stolen from traveling salespeople were arrested May 5 by the Los Angeles police. They are identified by police as Catalina Palacios, 36, and John Salguero, 27, both residents of New York state. Palacios reportedly has a jewelry store in Jackson Heights, Queens, New York. The arrest is "a big one," according to John Kennedy, president of Jewelers' Security Alliance, which assisted police in tracing and identifying some of the stolen jewelry. The woman is "a major fence [receiver of stolen goods] for the Colombian theft gangs who prey on traveling salespeople" in the United States, he said. The activities of Palacios and Salguero were monitored for several months by the LAPD Commercial Crimes Division (CCD) and the FBI, who have a joint jewelry crime task force in Los Angeles. According to Kennedy, the
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