It is alleged that in early January 2010 the accused contacted a jewelry store owner on Queen Street West to buy a three-to-four-carat diamond engagement ring. The owner told the man that he had located a five-carat ring.
Constable Isabelle Cotton stated that "the man, with another man, attended the victim's jewelery business where the accused made arrangements to purchase the diamond ring for $200,000 and to buy a pair of diamond earrings for an additional $7,000."
On January 9 the accused and a third man went to the business. The victim was forced by gunpoint to the floor and then handcuffed. The accused allegedly stole the five−carat diamond ring and the diamond earrings before fleeing the store.
David Compagnoni, 41, has been charged with conspiracy to commit indictable offence, robbery while armed with a firearm, forcible confinement, using a firearm to commit indictable offence, fraud over and attempted fraud over.
Marco Cipollone, 34, of Toronto, has been charged with conspiracy to commit indictable offence, robbery while armed with a firearm, forcible confinement, using a firearm to commit indictable offence and fraud over.
Antonio Bandiera, 35, of Toronto, has been charged with conspiracy to commit indictable offence, robbery while armed with a firearm, forcible confinement, possession of property obtained in a crime, using a firearm to commit indictable offence, fraud over and attempted fraud over.
Andrew Gordon, 34, has been charged with conspiracy to commit indictable offence, robbery while armed with a firearm, forcible confinement and using a firearm to commit indictable offence.
Police are seeking the public's assistance locating the stolen ring.
