CARLSTADT - More than $500,000 in stolen jewelry has been recovered after four men stole it from the owners in a hotel parking lot.
The owners were in town for a jewelry convention Saturday night and had $650,000 in gold in a backpack, according to Carlstadt police.
Investigators say the owners were targeted by the gang. "We believe they followed them and picked them up at the jewelry show," says Sgt. Dave Smith.
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Three of the four suspects were pulled over for a traffic stop in South Carolina, where the jewelry was recovered.
They are charged with possession of stolen goods in South Carolina.