Employee Steals $12 Million in Gold From Queens Jeweler

043009goldpile.jpg Stay classy, Scarsdale: In the same week that the Mad Mom roadside abandonment story made headlines, another Scarsdale mom is in the news for stealing an estimated $12 million in gold from the Queens jewelry manufacturer where she worked as a vault manager. And according to her own confession, she did it one piece at a time over the course of six years! 50-year-old Teresa Tambunting's gold-hoarding hobby went unnoticed until January, when auditors at Jacmel Jewelry's Long Island City headquarters reported losses over the normal 3% rate.

The ensuing investigation apparently worried Tambunting, who had been with the company for over a quarter century, and in February she confessed, dragging rolling luggage bags filled with roughly $868,000 in gold. Jacmel president Jack Rahmey tells the Daily News, "The first time, she returned one bag with eighty pounds of fine gold. Then, on another occasion (one week later) she came back with another bag." Investigators say she admitted to slipping the gold inside the lining of her purse and stockpiling it in her Scarsdale home.

In all, she's believed to have hoarded over 500 pounds of gold. In a statement, Queens DA Richard A. Brown said, "With gold trading at nearly $900 an ounce, the defendant is accused of establishing a virtual mining operation in Long Island City which siphoned off millions of dollars’ worth of the precious metal from her employer." Tambunting was released on $100,000 bail Wednesday, and if convicted faces up to 25 years in prison. A source tells the News her lawyer is expected to argue that she has a form of obsessive compulsive disorder.

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They do look like gold Nerds, don't they?

Anything to live the life of luxury. It's sad when people care more about money than life.

she did it one piece at a time over the course of six years!

"One Piece at a Time" by Johnny Cash, 1976:


Well, I left Kentucky back in '49
An' went to Detroit workin' on a 'sembly line
The first year they had me puttin' wheels on cadillacs

Every day I'd watch them beauties roll by
And sometimes I'd hang my head and cry
'Cause I always wanted me one that was long and black.

One day I devised myself a plan
That should be the envy of most any man
I'd sneak it out of there in a lunchbox in my hand
Now gettin' caught meant gettin' fired
But I figured I'd have it all by the time I retired
I'd have me a car worth at least a hundred grand.

[CHORUS]
I'd get it one piece at a time
And it wouldn't cost me a dime
You'll know it's me when I come through your town
I'm gonna ride around in style
I'm gonna drive everybody wild
'Cause I'll have the only one there is a round.

So the very next day when I punched in
With my big lunchbox and with help from my friends
I left that day with a lunch box full of gears
Now, I never considered myself a thief
GM wouldn't miss just one little piece
Especially if I strung it out over several years.

The first day I got me a fuel pump
And the next day I got me an engine and a trunk
Then I got me a transmission and all of the chrome
The little things I could get in my big lunchbox
Like nuts, an' bolts, and all four shocks
But the big stuff we snuck out in my buddy's mobile home.

Now, up to now my plan went all right
'Til we tried to put it all together one night
And that's when we noticed that something was definitely wrong.

The transmission was a '53
And the motor turned out to be a '73
And when we tried to put in the bolts all the holes were gone.

So we drilled it out so that it would fit
And with a little bit of help with an A-daptor kit
We had that engine runnin' just like a song
Now the headlight' was another sight
We had two on the left and one on the right
But when we pulled out the switch all three of 'em come on.

The back end looked kinda funny too
But we put it together and when we got thru
Well, that's when we noticed that we only had one tail-fin
About that time my wife walked out
And I could see in her eyes that she had her doubts
But she opened the door and said "Honey, take me for a spin."

So we drove up town just to get the tags
And I headed her right on down main drag
I could hear everybody laughin' for blocks around
But up there at the court house they didn't laugh
'Cause to type it up it took the whole staff
And when they got through the title weighed sixty pounds.

[CHORUS]
I got it one piece at a time
And it didn't cost me a dime
You'll know it's me when I come through your town
I'm gonna ride around in style
I'm gonna drive everybody wild
'Cause I'll have the only one there is around.

[Spoken] Ugh! Yow, RED RYDER
This is the COTTON MOUTH
In the PSYCHO-BILLY CADILLAC Come on

Huh, This is the COTTON MOUTH
And negatory on the cost of this mow-chine there RED RYDER
You might say I went right up to the factory
And picked it up, it's cheaper that way
Ugh!, what model is it?

next time, post the link...

Hey man, give us a break. I don't go on line to read a book. Rfive has is right.

A Scarsdale housewife with a passion for goldigging? I'm shocked.

Sounds like she worked for the MTA.

Soon to be made into a motion picture staring Queen Latifah.

so she gave it back and still gets arrested? with no plea deal... man see clearly crime paid here (the big question has to be would she have been caught if she didnt turn herself in? and how many other people a stealing from there too?)

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