Three people have been arrested in the US in connection with the theft of more than 600 Victorinox watches from the brand’s warehouse in the town of Monroe, Connecticut.
It is believed the missing watches are worth in the region of $1 million (£620,500) and were stolen by an executive sales assistant, a watch repairman and an accomplice.
According to Connecticut’s CT Post, Linda Thanassi, Gilberto Nieves and Mark Bancroft were arrested in connection with the thefts. Thanassi is currently on bail while Nieves and Bancroft are awaiting trial.
Thanassi worked as a sales executive at Victorinox and was charged yesterday with first-degree larceny. It is believed that she had siphoned off large quantities of watches, sending them to a man based in Texas. She had used the company’s Swiss Rewards Program, an incentive program for sales reps, as her cover.
Thanassi had posted watches from the Victorinox mailroom to her contact in Texas, where police recovered 30 timepieces and a set of knives, worth about £19,000.
Nieves, a watch repairman at Victorinox, and Bancroft – who appears unrelated to the company – were charged in connection with the thefts.