Randwick man Simon Brown charged with obtain financial advantage by deception, larceny

An eastern suburbs man who allegedly stole $145,000 worth of jewellery which he handed to a cash dealer is also accused of fraudulently obtaining $2.5m.

Some of the jewellery Brown is alleged to have stolen includes bracelets. Picture: Supplied

An eastern suburbs man is accused of defrauding $2.5m along with allegedly stealing jewellery worth $145,000 before lying to a cash dealer about being the owner.

Randwick man Simon Brown, 43, was excused from appearing to Downing Centre Central Court on Tuesday, where he’s charged with dishonestly obtaining financial advantage by deception, larceny, disposing of stolen property, and making false statements to a cash dealer.

It is alleged Brown stole $145,000 worth of jewellery from a man and woman in Randwick between September 2021 to February 2024.

According to court documents, the alleged haul consisted of rings, pendants, cufflinks, necklaces, buttons, bracelets and watches both silver and gold.

Brown is accused of taking it to a cash dealer where he lied about being its owner, prompting them to make a false report.

The allegedly stolen jewellery totalled $145,000 Picture: NSW Police

According to court documents, Brown “did make false statements advising he was the owner”, each of which he signed “confirming he was the owner”.

It is further alleged Brown dishonestly obtained $2,566,582.0 through deception, which he transferred to himself from another bank account sometime between October 2021 and August 2023.

Brown will remain in custody on remand and return to Downing Centre Local Court on August 5.