NewburyportNews.com, Newburyport, MA

Local News

March 16, 2013

Beverly metal dealer must pay $10,000 restitution

BEVERLY — A Beverly businessman was sentenced yesterday to a year of probation, after he was found guilty of hindering police trying to solve the theft of $50,000 worth of jewelry, silver and coins from a Hamilton home.

Salem District Court Judge Robert Brennan also ordered George Maroskos to pay $10,000 in restitution to the victim.

That amount will never fully compensate the 77-year-old Hamilton woman, who lost not only her own wedding silver but heirlooms that have been in her family since the 1700s, prosecutor Patrick Collins said.

“These items were irreplaceable,” Collins said. “Mr. Maroskos made the decision on his own to send those items out (to a refiner) quickly, before they could be recovered by police. It’s a reasonable inference that he knew the police would be looking for them.”

“His actions, it seems to me, present an opportunity for people to break into homes and sell their property,” said the judge, who presided over Maroskos’ trial on a witness intimidation charge on Feb. 14. “He failed to follow the ordinances because he wanted the money. I have very little doubt based on his behavior that he knew there was something off.”

Maroskos was the owner of JGM Numismatics on Cabot Street, a coin shop that also had a secondhand dealer’s license to purchase valuables, similar to a pawn shop.

Under a city of Beverly ordinance, Maroskos was required to report all of his purchases to the Police Department, along with photos and information about the sellers, which could be emailed on a daily basis. He was also required to hold the items for 30 days.

But five transactions with one woman, who was paid more than $8,000 over the course of a month, went unreported, police said. He had also failed to keep the items for a full 30 days — had he done so, police said, they would have recovered most of the stolen items.

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