Gold dealer Chey Tenenboim to miss son’s bar mitzvah after jailed over shonky trading

A gold dealer outed as a fraudster who gave cash to crooks for stolen jewellery has been delivered the ultimate punishment of missing his son’s bar mitzvah.

County Court Judge Scott Johns said Chey Tenenboim must be denounced for his greedy actions, jailing him for 12 months.

The Caulfield North father of four had earlier begged the judge to impose a sentence that would see him free for the coming of age ritual for his son’s 13th birthday in November.

But with only 32 days of time already served, Tenenboim will spend the important milestone behind bars.

Judge Johns said Tenenboim had “no moral compass” when he paid $144,638 to armed robbers and junkies for stolen jewellery — much of which would have been “priceless” or have sentimental value to its owners.

“It is extremely shameful behaviour,” Judge Johns said.

“Receiving stolen goods is a crime that encourages theft.

“You thought you could do it without getting caught.

“It was a purely greed driven offence.”

Judge Johns said Tenenboim received a 30 per cent cut on top of his annual salary of about $200,000.

The court heard Tenenboim made 42 off-the-books transactions for his dodgy customers at Gold Buyers Melbourne between August 28 and October 3, 2017.

Speaking in coded language and telling customers to whisper in case police were listening in, he coughed up cash for hot items, including watches, rings and bracelets.

The jewellery was then quickly melted into gold bars and sold.

Read the article by Rebekah Cavanagh in the Herald Sun.