New York socialite agrees to plea in shoplifting case

Joelle Hyland-O’Reilly, arrested on shoplifting charges August 30, was arraigned in Edgartown District Court September 14. She consented to a plea agreement later that day.

The court continued the case without a finding for one year. If Ms. Hyland-O’Reilly is not arrested again, the charges will be dismissed. The court ordered her to make full restitution for the items stolen, and to stay away from the two Martha’s Vineyard stores where police charged her with stealing merchandise. The court placed her on probation for one year, and ordered her to get at least 20 hours of psychological counseling during the year she is on probation.

“Now that the case will be dismissed, my client looks forward to putting this regrettable chapter behind her,” said attorney Martin Tomassian, who represented Ms. Hyland-O’Reilly.

She was charged with stealing a cashmere sweater from Pandora’s Box with a value of $420, a clothing store in Menemsha. Later that day, an alert clerk at the Green Room, a Vineyard Haven clothing and water sports store, recognized the stolen sweater and called police. Chilmark police arrested Ms. Hyland-O’Reilly as she waited in line for the ferry later that night. An investigation revealed that Ms. Hyland-O’Reilly had also stolen a $96 shirt and a $36 necklace from the Green Room.

According to a biography posted on her company web site, Ms. Hyland-O’Reilly is co-founder and managing partner of Ounavarra Capital LLC, “an independent investment boutique focused on providing clients with superior service,” according to the company website. She is also the founder and owner of Ounavarra Capital Inc, a minority/woman owned consulting and advisory firm.