Steve Jobs' Wallet Stolen By Alleged Thief Kariem McFarlin: Police

08/15/2012 10:53 am ET | Updated Oct 15, 2012

PALO ALTO, California (AP) — The man accused of breaking into Steve Jobs' house made off with the Apple Inc. co-founder's wallet with $1 inside, in addition to Apple gadgets and $60,000 in jewelry, a police report says.

The San Jose Mercury News reported the details of the July 17 theft on Wednesday.

The suspect, Kariem McFarlin, 35, targeted the unoccupied home because it was under renovation, authorities said. When construction crews left, he jumped a fence and found a spare key, according to the report. McFarlin apparently realized he was in Jobs' house when he saw a letter addressed to him.

"There's certain things you don't do, and burglary is one of them. But burglarizing an icon like that, that just puts yourself pretty much in the deep hole," McFarlin's former boss, Ross Rankin, told the newspaper.

Taken were iPhones, iPads, iPods, Macs, Cristal Champagne and $60,000 worth of Tiffany & Co. jewelry. McFarlin sold the jewelry to a dealer online and gave the iPads to a daughter and a friend, according to the report.

Police said McFarlin was arrested earlier this month after using the stolen devices to connect to the Internet.

McFarlin wrote an apology letter to Jobs' widow, according to the police report.

He remains jailed on $500,000 bail and is expected to appear in court Monday. He faces almost eight years in prison if convicted.

His public defender did not return a call for comment.

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