Alleged Burglar Arrested After Pawning Stolen Jewelry
By Mike Perleberg
(Greendale, Ind.) – A Greendale man is accused of taking more than $25,000 worth of jewelry from a northern Kentucky home, then selling it for pennies on the dollar.
Greendale Police began to investigate the theft after being contacted by police in Highland Heights, Kentucky about a burglary which occurred on Ridge Hill Road there on March 28.
Detectives identified Billy R. James as the suspect. A woman who allegedly accompanied James and two others during the burglary was interviewed by Highland Heights detectives at the Boone County Jail. She told about the burglary and what happened to the stolen jewelry, according to a court affidavit.
Investigators found that James allegedly pawned his share of the stolen jewelry – estimated to be worth several thousand dollars – for just about $1,700 at two pawn shops in Greendale. Other items were allegedly sold at jewelers in Cincinnati.
James was arrested April 25 in Dearborn County on a charge of Receiving Stolen Property (Class D felony).