Gang suspected in jewelry theft ring

By Samantha Ptashkin - Reporter

HOUSTON - A warning is being passed around to jewelry stores in Houston as investigators try to bust up a theft ring.

The warning being issued says the theft suspects may be part of a gang of thieves.

The ring has been stealing from jewelry stores across the country since at least the beginning of May. They're using fraudulent California driver's licenses to obtain store credit and then purchase a high-end watch that goes from $7,000 to $25,000. The licenses being used make it difficult for a jeweler to detect as fraudulent.

Store owners are being urged to review contracts for in-store credit to determine what to do in case of chargebacks in fraud cases.

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