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Glendale man must pay $9,200 to replace stolen Rolex watch

March 17, 2011 |  2:30 pm

A 55-year-old Glendale man will have to pay a Glendale jewelry store $9,200 for a Rolex watch he allegedly stole or he will face jail time, officials said.

Gary Demirchyan pleaded no contest on Monday to a felony count of grand theft of personal property, but that was not part of a settlement negotiated with prosecutors, said Shiara Dávila-Morales, a spokeswoman for the Los Angeles County district attorney’s office.

The watch, which was stolen last year from Classic Design Jewelry store in the Glendale Galleria, was never recovered, police said. If Demirchyan pays the $9,200 restitution to Classic Design Jewelry, which is no longer in the mall, he will be placed on three years of formal probation, court officials said. Demirchyan will also receive credit for time served.

Read the full story here.


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-- Veronica Rocha, Glendale News Press / Times Community News