NEW CANAAN — New Canaan police charged a 30-year-old Wallingford man with larceny after he allegedly stole Rolex watches, worth about $150,000, from his employer.
In late May, employees at Manfredi Jewels on Elm Street noticed discrepancies in their Rolex inventories and sales reports. An investigation showed the discrepancies started popping up weeks after Pierce Shortell, of North Whittlesey Avenue, was hired in 2016. The discrepancies continued throughout Shortell’s employment and stopped around the time he resigned in early June. Employee records and calendars also showed Shortell was the only employee working when entries that coincided with the missing watches were made into the store database.
Police examined Federal Express shipping records that showed Shortell made many shipments near or on the dates the watches went missing. The shipments were traced to an address in Ohio where no sales were recorded. Further investigation into the address and business showed the watches were being sold on eBay.
New Canaan police worked with Ohio to gain a warrant and search the address on the shipping labels. Police were able to find one stolen watch and are working on recovering more. The investigation is ongoing.
Shortell was charged with first-degree larceny and held on a $150,000 bond.