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WOONSOCKET â€“ The state police arrested two city men Thursday after they allegedly attempted to sell stolen Alex and Ani bracelets on craigslist, they said.
Hector Bonilla, 26, of 104 Sayles St., Apt. 407, was charged with one count of larceny over $1,500, and Manuel Pagan, 27, of 104 Sayles St., Apt. 106, with one count of receiving stolen goods over $1,500.
Colonel Steven G. Oâ€™Donnell, the superintendent of state police, said the investigation began when detectives received information that the Alex and Ani bracelets were being sold through the popular online marketplace.
Undercover detectives later met with an individual who was selling the bracelets at discount prices and then discovered that the products had not yet been released by the company for general retail sales.
â€śDetectives were able to determine the larceny was perpetrated by an employee of the plating manufacturer, prior to being released to the public for sale,â€ť said Oâ€™Donnell.
The wholesale loss to Cinerama, the maker of the Alex and Ani product line, is estimated to be approximately $3,662, according to police.
Larceny and Receiving Stolen Goods over $1,500.00 are felonies, punishable by a maximum fine of $5,000 and up to 10 years in jail, or both.