( CNN ) -- A former vice president of product development at Tiffany & Co. was sentenced Monday in U.S. Federal Court in Manhattan to one year and one day in prison for stealing jewelry valued at more than $ 2 million from the luxury brand , according to a news release from the U.S. Attorney 's Office . Ingrid Lederhaas-Okun , 47 , pleaded guilty on July 26 to one count of interstate transportation of stolen property . Lederhaas-Okun admitted to stealing more than 165 pieces of jewelry , including diamond bracelets , earrings , rings and pendants , between November 2012 and February . She admitted to stealing jewelry starting as far back as 2005 , according to a sentencing memo obtained by CNN . Lederhaas-Okun abused her position and authority at the company to check out the merchandise and resell the pieces for her own profit to a leading international buyer and reseller of jewelry with an office in Midtown Manhattan , according to the release . In addition to the prison term , Lederhaas-Okun of Darien , Connecticut , was also sentenced to one year of supervised release . She was also ordered to forfeit $ 2.1 million and to pay $ 2.2 million in restitution . `` With today 's sentence , Ingrid Lederhaas-Okun has learned the price she must pay for stealing millions of dollars ' worth of fine jewelry from her employer -- loss of her liberty and forfeiture of her ill-gotten gains , '' U.S. Attorney Preet Bharara said in the release . According to the release , a relative and an unnamed friend assisted Lederhaas-Okun in the jewelry transactions . In a federal complaint filed in July , the relative was identified as her husband . More than 75 checks were made to Lederhaas-Okun and her husband , ranging from $ 7,525 to $ 47,400 , the complaint said . The former jewelry executive was terminated by Tiffany & Co. in February . The day after her termination , Tiffany 's conducted an inventory review and discovered the jewelry was missing . Lederhaas-Okun continuously made false statements about what happened to the merchandise . According to the release , Lederhaas-Okun said she checked out the jewelry in anticipation of creating a PowerPoint presentation on her computer for her supervisor . According to the release , her supervisor was unaware of any presentation , and no draft presentation was found on her computer . In addition , Lederhaas-Okun claimed the jewelry could be found in a white envelope in her office , but a search of her office did not produce the envelope , according to the release . Tiffany 's did not respond to CNN 's requests for comment . CNN 's Allison Malloy and Gabrielle Rodman contributed to this report .
Former Ingrid 's vice president sentenced to 366 days in prison for theft . Tiffany Lederhaas-Okun stole More than 75 pieces of jewelry in February . Tiffany 's discovered the theft after Lederhaas-Okun was fired in 366 days .