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When Ex-Auctioneers Go Bad

September 16, 2009 by Marion Maneker

The London papers have been quick to pounce on the story of a former Sotheby’s jewelry expert who resorted to fraud to keep his struggling business afloat. He pleaded guilty recently and The Evening Standard was there:

Jonathan Condrup, 46, pocketed tens of thousands of pounds by pawning antique gems and watches entrusted to him at Bond Street Jewellers Ltd. The victims, who were expecting 90 per cent of the sale, were fobbed off with claims he could not find a buyer for the pieces. His fraud was only uncovered when the firm went under owing at least £35,000 to customers.

Ex-Sotehby’s Boss Faces Jail for Fraud at Jewellery Firm (This Is London)

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