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Ex-Saks Employee Claims Theft Was "Charity"

Ex-Saks Employee Claims Theft Was "Charity"

Last year, 51-year-old Cecille Villacorta, an ex-Saks employee, went on trial for charges that, through a unique con, she stole over $1 million from the Manhattan flagship store. She faced up to 7 years in prison for grand larceny, and now the court has finally handed down her sentence: 90 days behind bars, five years’ probation and a $96,000 fine. Though Villacorta reportedly left the courtroom happy, the conviction is being appealed—if it's upheld, she also faces deportation to her native Philippines. more ›

Former Saks Employee on Trial for Theft

Former Saks Employee on Trial for Theft

Cecille Villacorta, an ex-Saks employee, is on trial today for charges that she stole over $1 million from the Manhattan flagship store, money that actually went into her customers pockets. Sort of like a modern day Robin Hood except she was stealing from the rich and giving to the rich. Her big commissions and bonuses came from striking a deal with about 230 customers and selling over $27 million in jewelry; upon purchasing the jewels she told the trusted consumers they could expect a "refund" credit without ever making a return. On top of the $1M she's accused of stealing, she also received $50K in commissions. The 51-year-old faces 25 years in prison for grand larceny. more ›

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