Ex-Tiffany Exec. Gets Prison for Jewelry Theft

Took more than $2 million from company


A former Tiffany & Co. executive who stole jewelry worth more than $2.1 million from the company and sold it was sentenced to one year and a day in prison.

Ingrid Lederhaas-Okun, a former Tiffany vice president of product development and design, was sentenced today in Manhattan by U.S. District Judge Paul Gardephe, who called her eight-year series of thefts "inexplicable."

Lederhaas-Okun pleaded guilty in July to one count of interstate transportation of stolen property, admitting that she stole at least 165 pieces of jewelry, including diamond rings, bracelets and diamond earrings, and sold them to a jewelry reseller.