Your browser is: WebKit 537.36. This browser is out of date so some features on this site might break. Try a different browser or update this browser. Learn more.

Tiffany, Cartier Lost Diamond Rings to ‘Sleight-of-Hand’ Con Man

The Tiffany & Co. store on Fifth Avenue in New York.

Photographer: Jeenah Moon/Bloomberg

Takeaways by Bloomberg AI

A man wanted by Interpol pleaded guilty Monday to stealing $260,000 in diamonds from Tiffany & Co. and Cartier last year through a series of “sleight-of-hand” tricks.

Yaorong Wan, 50, admitted switching a diamond ring worth $225,000 for a fake one and then walking out of Tiffany’s flagship store on Fifth Avenue in New York in March 2024. About a week later, he pocketed a $24,000 ring at the Cartier store in Hudson Yards, according to the Manhattan District Attorney’s office.