CLEARWATER, Fla. - An ex-Gold & Diamond Source employee was arrested for stealing more than $650,000 worth of high-end watches from the store.
The Pinellas County Sheriff's Office said Michael Kelly, 32, is now facing a scheme to defraud charge. He's accused of stealing 36 high-end watches from the Gold & Diamond Source, which is located off of Ulmerton Road in Clearwater.
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Detectives said they began investigating Kelly after receiving a report of a theft by the now former employee. They learned that Kelly stole the high-end watches between October 31, 2021, and May 3, 2025, according to PCSO.
Investigators said Kelly entered fake information into the company's point-of-sale system, making the business believe a watch was sold. Deputies said the suspect cr