Sydney man allegedly fakes robbery of his own jewellery store to defraud insurer

A Sydney jewelry retailer proprietor has been charged with faking a theft at his personal store to allegedly defraud his insurer for a "substantial quantity" of cash.
Michel Elias Germani initially instructed police he and a workers member have been threatened by two males who visited the Germani Jewelry retailer within the Queen Victoria Constructing earlier this 12 months.
The 65-year-old stated one of many males threatened the girl with a knife whereas the opposite man demanded entry to a protected shortly after 6.30pm on January 19.

Original Germani store shop front where the robbery occurred on George Street.
The unique Germani retailer store entrance the place the theft allegedly occurred on George Road in Sydney's CBD.(9)

They have been allegedly sure with cable ties to their fingers and ft within the George Road retailer.
Detective Superintendent Joe Doueihi alleged the feminine retailer assistant didn't know the theft was orchestrated on the time.
"The feminine workers assistant is completely traumatised, she was underneath the idea it was a real theft," Doueihi stated.

Store owner Michael Germani spoke with 9News about the alleged robbery in March.
Retailer proprietor Michael Germani spoke with 9News concerning the alleged theft in March.(9)

"I can point out the shop proprietor lodged a considerable declare for a considerable quantity of jewelry and a large greenback quantity along with his insurer."
He stated throughout the investigation officers established one thing "simply did not appear proper" concerning the theft.
"We seemed carefully into the shop proprietor and a few of his associates and we recognized that he had orchestrated this complete occasion."
Doueihi alleged the shop proprietor's spouse was not concerned and one other arrest would probably be made.

Store owner Michel Elias Germani was arrested on Monday.
Retailer proprietor Michel Elias Germani was arrested on Monday.(NSW Police)

He didn't imagine there was a direct relationship between the shop proprietor and the boys.
"We're conscious that very same jewelry retailer was the topic of a previous theft some years in the past… We should not have any particular info to recommend that was an orchestrated theft."
The jeweller was arrested on Monday and charged with aggravated theft and depriving an individual of their liberty, trying to dishonestly get hold of a monetary benefit by deception, publishing false or deceptive materials to acquire property, and taking part in a legal group and contributing to legal exercise.
Germani confronted Downing Centre Native Courtroom on Tuesday the place police alleged he was concerned in "planning and co-ordinating the theft and tried to defraud an insurance coverage firm".

Germani jewellery store
The brand new Germani jewelry retailer in Sydney's CBD.(9)

He made no utility for bail and was ordered to reappear in court docket for a bail assessment on Thursday.
The Theft and Critical Crime Squad underneath Strike Drive Ingestre additionally arrested one other two males over the theft.
A 37-year-old man was arrested final month and charged and stays earlier than the courts, police stated.
A 57-year-old man was later arrested in Homebush West on April 22 and charged with aggravated theft and depriving an individual of liberty, and taking part in a legal group and contributing to legal exercise.
He was refused bail and appeared at Parramatta Native Courtroom on April 23 the place he was formally refused bail to subsequent seem at Downing Centre Native Courtroom on June 29.
Reported with AAP
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