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ť What happened to Richard Krementz?

What happened to Richard Krementz?

P: 11/1/2007 6:47:48 PM
Elmorton Ideal Rock Total Posts: 3,750 Last Post: 11/23/2009 Member Since: 7/6/2007	I was just wondering if anyone knew what exactly happened to the Richard Krementz line... my e-ring is Krementz and I loooove his work (can't wait for the day I can afford one of the big gemstones!). I know that there was a significant robbery and that he decided to stop making the engagement rings (at least this is what my jeweler told me, online I read that he had decided to pause production) because last October or so, we had a big rush to purchase the wr that goes with my er (ironically, I didn't like the look once it was sized and went with a different band). But then recently, I noticed that Pearlman's put all the Krementz line on clearance. The RKG website says nothing new (hasn't changed since our engagement more than a year ago) and the news section is under contruction. So.....did RKG go under? Does anyone know the scoop?
Posted: 11/1/2007 6:47:48 PM

There are 9 replies to this message. There are 9 replies on this page.

P: 11/1/2007 7:06:38 PM
decodelighted Ideal Rock Total Posts: 8,625 Last Post: 11/16/2009 Member Since: 7/27/2005	I found the note on this website interesting.
Posted: 11/1/2007 7:06:38 PM

P: 11/1/2007 7:10:39 PM
Ellen Ideal Rock Total Posts: 22,894 Last Post: 11/6/2009 Member Since: 1/13/2006	Date: 11/1/2007 7:06:38 PM Author: decodelighted I found the note on this website interesting. Well that's really strange... ~~~~~~~~~~~~~~~~ "It is also important for the State to inculcate in its subjects an aversion to any 'conspiracy theory of history' for a search for 'conspiracies' means a search for motives and an attribution of responsibility for historical misdeeds." -Murray N. Rothbard, in The Anatomy of the State John Swinton [1829-1901] Chief Editorial Writer of the New York Times (Considered "the Dean of his Profession" by his peers), when asked to toast an 'Independent Press' in a gathering at the National Press Club, circa 1880 "There is no such thing in America as an independent press unless it is in the country towns. You know it, and I know it. There is not one of you who dare express an honest opinion. If you express it you know beforehand that it would never appear in print. I am paid... for keeping my honest opinions out of the paper I am connected with. Others of you are paid similar salaries for doing similar things.... The business of the New York journalist is to distort the truth, to lie outright, to pervert, to vilify, to fawn at the feet of Mammon, and sell his country and race for his daily bread, or for what is about the same thing, his salary. You know this, and I know it and what foolery to be toasting an 'independent press.' We are tools, and the vassals of rich men behind the scenes. We are jumping-jacks. They pull the strings and we dance. Our time, our talents, our lives, our possibilities, all are the property of other men. We are intellectual prostitutes."
Posted: 11/1/2007 7:10:39 PM

P: 11/1/2007 7:13:03 PM
ang3199 Ideal Rock Total Posts: 727 Last Post: 12/12/2008 Member Since: 10/17/2007	Hmmm.... something smells fishy.. ************** My favorite color is shiny
Posted: 11/1/2007 7:13:03 PM

P: 11/1/2007 7:16:39 PM
Skippy123 Ideal Rock Total Posts: 19,828 Last Post: 11/23/2009 Member Since: 11/24/2006	Here is his website for gemstones. http://www.rkg1866.com/home.html Skippy "The only things that stand between a person and what they want in life are the will to try it, and the faith to believe it's possible" Rich Devos
Posted: 11/1/2007 7:16:39 PM

P: 11/1/2007 7:23:20 PM
decodelighted Ideal Rock Total Posts: 8,625 Last Post: 11/16/2009 Member Since: 7/27/2005	Here is an article about the robbery. Scary. Excerpt: The American Gem Trade Association (AGTA) revealed details of the million dollar robbery which resulted in the sudden three month leave of absence of AGTA president, Richard Krementz, beginning July 17, 2006. Krementz, who owns Richard Krementz Gemstone, was robbed of more than $1 million worth of fine jewelry on June 26 in Amarillo, Texas. In a statement issued on July 28 by the AGTA, Krementz said he expects to return to his position as president of the AGTA in October, following a reorganization of Richard Kremetz Gemstone, which was established in 1866. This robbery does not impact our financial strength, said Krementz. It did however cause us to strategically review our business and address some of our challenges long-term. Krementz added that the company will be dropping its bridal business by the end of 2006, in order to focus on color, which is the core of the companys business.
Posted: 11/1/2007 7:23:20 PM

P: 11/1/2007 7:25:12 PM
decodelighted Ideal Rock Total Posts: 8,625 Last Post: 11/16/2009 Member Since: 7/27/2005	And more details ... YEESH. Krementz said that a salesman at his company, Richard Krementz Gemstones, based in Newark, N.J., was robbed by four members of what authorities believe was one of the South American gangs that target traveling salespeople in the jewelry industry. The incident, which occurred in late June in Amarillo, Texas, resulted in minor injuries to the salesman and the loss of more than one million dollars worth of jewelry, Krementz said. "We think it might have been done with a GPS tracker," Krementz said, adding that the devices can track vehicles for up to seven days after placement. "It really terrifies me."
Posted: 11/1/2007 7:25:12 PM

P: 11/1/2007 8:41:49 PM
LadyAmythyst69 Ideal Rock Total Posts: 1,488 Last Post: 5/17/2008 Member Since: 10/3/2007	Good lord! I wonder why they don't post pictures of the rings that were stolen so they can maybe track these guys when they try to sell them.
Posted: 11/1/2007 8:41:49 PM

P: 11/1/2007 8:50:34 PM
Elmorton Ideal Rock Total Posts: 3,750 Last Post: 11/23/2009 Member Since: 7/6/2007	The note on the website isn't really that fishy to me, I don't think... I know that the Krementz company was a producer of costume jewelry since the early or mid 1900's (if you do a search on Ebay there are some really neat old costume pieces), and that Richard re-formatted the company for upscale jewelry after selling off the costume branch. When I was first looking for more info about my setting, I did stumble upon his personal site and it seems like he has a lot of hobbies (that he listed in that note) and actually, I was surprised that there was SO much personal information about a company CEO available on the web. I just can't find anything since the robbery... have other big companies suffered such losses? And why did Krementz leave right after the robbery? Was he a suspect or did they think there was internal involvement somehow?!?
Posted: 11/1/2007 8:50:34 PM

P: 11/1/2007 9:17:55 PM
Elmorton Ideal Rock Total Posts: 3,750 Last Post: 11/23/2009 Member Since: 7/6/2007	HMMM: http://www.jckonline.com/blog/1950000195/post/1390015539.html
Posted: 11/1/2007 9:17:55 PM

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