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Cortina thief moved loot in limo

makapaaa

Alfrescian (Inf)
Asset
<TABLE border=0 cellSpacing=0 cellPadding=0 width=452><TBODY><TR><TD vAlign=top width=452 colSpan=2>Published September 5, 2009
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</TD></TR><TR><TD vAlign=top width=452 colSpan=2>Cortina thief moved loot in limo
Ex-supervisor pleads guilty to robbing Cortina of $7.6m in watches; also admits to switching customers' watches, pawning them

By JAMIE LEE
<TABLE class=storyLinks border=0 cellSpacing=4 cellPadding=1 width=136 align=right><TBODY><TR class=font10><TD width=20 align=right> </TD><TD>Email this article</TD></TR><TR class=font10><TD width=20 align=right> </TD><TD>Print article </TD></TR><TR class=font10><TD width=20 align=right> </TD><TD>Feedback</TD></TR></TBODY></TABLE>
AFTER stealing 366 watches worth about $7.6 million from the Cortina store, Jerry Ee returned home in a rented limousine arranged before the heist.

<TABLE class=picBoxL cellSpacing=2 width=100 align=left><TBODY><TR><TD> </TD></TR><TR class=caption><TD>FACING THE MUSIC
Ee, who has been in remand since March, is set to be sentenced on Sept 18</TD></TR></TBODY></TABLE>He rolled into his HDB estate at Jalan Rumah Tinggi, picked up his personal belongings, headed to Woodlands checkpoint with two bags full of stolen timepieces, then took a cab with a friend from Johor Bahru to Thailand.
The details of the infamous Christmas Day heist last year were revealed in a district court yesterday as Ee pleaded guilty to robbing Cortina's Raffles City outlet and four other charges. The remaining 20 charges have been taken into consideration.
Around 9pm, Ee - who had been the store supervisor since April 2007 - returned to the store after all staff had left, disarmed the security alarm and entered the safe with his key.
In under 25 minutes, he grabbed the watches, five new cufflinks and $27,137 in cash, packed the loot into two luggage bags, re-armed the security alarm and left the outlet.
The watches stolen included rare timepieces such as a Patek Philippe 3939 that cost about half-a-million and a set of Vacheron Constantin Les Masques watches that cost nearly the same, Cortina Holding's general manager Jeremy Lim said in an earlier interview.
Other watches taken by Ee - who had been with Cortina for five years - include those from Rolex, Panerai, Audemars Piguet and Girard-Perregaux.
Ee left Singapore that same night at around 10:44pm for Bangkok, where he sold 21 watches for about three million baht (S$126,505).
He then hid in Pattaya for about three months until he surrendered on March 17 to the Singapore police at the embassy in Thailand. He was flown back two days later.
To date, 129 watches and the cufflinks - worth $2.81 million in total - as well as some $11,000 in cash have not been recovered.
Ee has also admitted to switching customers' used watches - which were sent to the store for repairs or servicing - for new watches after he pawned their used timepieces. In one case, the replacement watches included three Patek Philippe pieces priced between about $18,000 and about $54,000.
At the same time, the 36-year-old pleaded guilty to stealing two Rolex watches, valued at $28,664 and $54,948 respectively, in November and December last year and subsequently pawning them at two separate pawn shops. Both watches have been recovered.
After a screening at all pawn shops in Singapore, the police found that Ee had pawned as many as 20 watches. Of these, half were new watches from Cortina, while the other half were used watches belonging to customers who had previously submitted them to the store.
He has also been charged for leaving the country with the stolen goods.
Ee, who has been in remand since March, will be sentenced on Sept 18. He faces a jail term of at least 15 years and fines for each of the four criminal breach of trust charges.
For the money laundering charge alone, Ee can be fined up to half-a-million and jailed up to seven years.

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Royalblood

Alfrescian
Loyal
knn why he so cock one..... Some of the timepeices are so rare and given that the haute horlogerie circle is relatively small, how the fuck is he going to dispose of his loot without getting notice.

Nowadays not many smart thieves....they steal things and end up in jail instead of living in paradise. KAN!
 

jw5

Moderator
Moderator
Loyal
knn why he so cock one..... Some of the timepeices are so rare and given that the haute horlogerie circle is relatively small, how the fuck is he going to dispose of his loot without getting notice.

Nowadays not many smart thieves....they steal things and end up in jail instead of living in paradise. KAN!
I wonder whether that is the reason why he gave himself up, that the timepieces were extremely difficult to sell at a good price.
Otherwise, why would he surrender so soon after making his getaway?
 

Lee Hsien Tau

Alfrescian
Loyal
I doubt that very much. He must have been aware how hard it was going to be getting rid of the loot.

Nor has it anything to do with Thailand. He's been there often enough.

Something else caused him to return. And it wasn't God or his conscience.:confused:



I wonder whether that is the reason why he gave himself up, that the timepieces were extremely difficult to sell at a good price.
Otherwise, why would he surrender so soon after making his getaway?
 

cooleo

Alfrescian
Loyal
I doubt that very much. He must have been aware how hard it was going to be getting rid of the loot.

Nor has it anything to do with Thailand. He's been there often enough.

Something else caused him to return. And it wasn't God or his conscience.:confused:

Maybe Thai food too spicy for his delicate bowels
 

jw5

Moderator
Moderator
Loyal
I doubt that very much. He must have been aware how hard it was going to be getting rid of the loot.

Nor has it anything to do with Thailand. He's been there often enough.

Something else caused him to return. And it wasn't God or his conscience.:confused:
So what do you think was the reason?
 

singveld

Alfrescian (Inf)
Asset
he even have a swiss watch cap.
the good one were not found, the bad one, display on newspaper.
 

Lee Hsien Tau

Alfrescian
Loyal
Only two kinds of people would choose jail over freedom.

One type has no place to stay. He's does not belong to that category.

The other type needs protection. He must have faced some form of threat he cannot run from.:eek:



Why would he surrender just because he was recognised?
Wouldn't it be more logical for him to move to another location?
 

limpeh2

Alfrescian
Loyal
21 top brand angmo-cb watches for $126K when they're probably worth much more?
Methinks his fence probably robbed him and threatened his life after 1st deal.
He could have lived comfortably on his cold hard cash of $21K in Thailand for several years. No reason why he ended his escapade so much earlier unless he was robbed.
 
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