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State v. Reece - Ownership of Diamond Ring Dispute

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Filed March 18th, 2026
Detected March 18th, 2026
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Summary

The North Carolina Court of Appeals affirmed a lower court's order determining ownership of a diamond ring in the case of State v. Reece. The dispute arose from plea agreements related to obstruction of justice charges for both defendants.

What changed

This document is an opinion from the North Carolina Court of Appeals in the case of State v. Reece, concerning the rightful ownership of a diamond ring. The appeal stems from orders entered by the Wilkes County Superior Court. Defendant Kevin Ray Reece pleaded guilty to obstruction of justice and sought the return of the ring, while Defendant Debra Lee Goldman pleaded guilty to insurance fraud and obstruction of justice related to the same ring. The appellate court affirmed the trial court's determination that Goldman is the rightful owner.

This ruling primarily impacts the parties involved in the case, specifically Kevin Ray Reece, who is appealing the decision regarding the diamond ring's ownership. For legal professionals, this case serves as an example of how property disputes can be resolved within the context of criminal plea agreements, particularly concerning seized property and restitution. No new regulatory obligations or deadlines are imposed on external entities; the focus is on the resolution of a specific legal dispute.

Source document (simplified)

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Top Caption Syllabus [Combined Opinion

                  by Judge Fred Gore](https://www.courtlistener.com/opinion/10810287/state-v-reece/#o1)

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March 18, 2026 Get Citation Alerts Download PDF Add Note

State v. Reece

Court of Appeals of North Carolina

Syllabus

N.C.G.S. § 15-11.1(a); abuse of discretion; findings of fact and conclusions of law.

Combined Opinion

                        by Judge Fred Gore

An unpublished opinion of the North Carolina Court of Appeals does not constitute
controlling legal authority. Citation is disfavored, but may be permitted in accordance with
the provisions of Rule 30(e)(3) of the North Carolina Rules of Appellate Procedure.

IN THE COURT OF APPEALS OF NORTH CAROLINA

No. COA25-569

Filed 18 March 2026

Wilkes County, Nos. 22CR000491-960, 22CR000492-960, 22CR000493-960,
22CR000494-960, 22CR000490-960

STATE OF NORTH CAROLINA

v.

KEVIN RAY REECE and DEBRA LEE GOLDMAN, Defendants.

Appeal by defendant Kevin Ray Reece from orders entered 17 February 2025

and 3 March 2025 by Judge William A. Wood in Wilkes County Superior Court.

Heard in the Court of Appeals 10 February 2026.

Attorney General Jeff Jackson, by Special Deputy Attorney General Teresa M.
Postell, for the State-appellee.

Reece Legal Services PLLC, by Chandler J. Reece, for defendant-appellant
Kevin Ray Reece.

Bosquez Porter Family Law, by Emily C. Jeske, for defendant-appellee Debra
Lee Goldman.

GORE, Judge.

Defendant Kevin Ray Reece (“Reece”) appeals the trial court’s order

determining Defendant Debra Lee Goldman (“Goldman”) is the rightful owner of a
STATE V. REECE

Opinion of the Court

certain diamond ring. Reece appeals of right pursuant to N.C.G.S. § 7A-27(b). Upon

reviewing the record and the briefs, we affirm.

I.

On 29 March 2023, Reece pleaded guilty to two counts of felony obstruction of

justice regarding the investigation of a diamond ring. Within the plea agreement

between the State and Reece, the State agreed to maintain possession of the

platinum-banded diamond ring until the court determined its rightful ownership.

Further, the State agreed to take “no position on the ultimate disposition of the ring.”

Reece filed an application/petition for return of seized personal property pursuant to

N.C.G.S. § 15-11.1(a) and sought a court order that the diamond ring be returned to

Reece.

On 15 July 2024, Goldman pleaded guilty to insurance fraud and obstruction

of justice regarding the investigation of the same platinum-banded diamond ring.

The plea agreement between the State and Goldman included dismissal of three

additional counts of obstruction of justice and for Goldman to pay $15,000 in

restitution. Goldman filed an application/petition also seeking release of seized

property pursuant to section 15-11.1(a) and claimed ownership of the diamond ring.

On 10 December 2024, the Superior Court, Wilkes County held an evidentiary

hearing for Reece and Goldman to present evidence to the court for the proper

disposition of the diamond ring. Both parties agreed Goldman was the original owner

of the diamond ring, having received it from her ex-husband in 1999. Reece testified

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STATE V. REECE

Opinion of the Court

Goldman sold the diamond ring to him in February 2018 for $17,000 in cash. Reece

also testified he had no receipt, no cancelled check, no bill of sale, no emails, nor text

messages demonstrating he purchased the ring from Goldman. The trial court heard

testimony from Reece and Goldman, and additional testimony from Lisa Burcham

Wall, a certified public accountant, and Victor Vanela, the former mayor of Ronda,

North Carolina. The only written evidence suggesting Goldman sold the diamond

ring to Reece was a document with notes taken by Wall during a meeting with

Goldman. The note stated, “Kevin’s business bought ring, $17,000 Personal Prop.

Not Taxable.” The trial court also considered affidavits from Kevin Slusher of

Windsor Jewelers, excerpts from interviews with multiple witnesses by the State

Bureau of Investigation (“SBI”), notes by the SBI investigators, and incident reports

filed in the Wilkes County Sheriff’s Office.

Following the evidentiary hearing, the trial court entered an order with

findings of facts and conclusions of law and ultimately concluded the diamond ring

belongs to Goldman. Reece filed a Motion for Appropriate Relief, and the trial court

denied the motion. Reece timely appealed both orders.

II.

Reece argues the trial court’s findings are unsupported by the evidence and in

turn do not support the conclusions of law. Reece abandons and voluntarily dismisses

his additional issue seeking a stay by citing a change to the procedural posture in

another civil case before the Superior Court, Wake County. Under section 15-11.1(a)

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STATE V. REECE

Opinion of the Court

the trial court has discretion to determine the lawful owner of the seized property,

thus we review the trial court’s determination for an abuse of discretion. See State v.

Oaks, 163 N.C. App. 719, 723 (2004); see also N.C.G.S. § 15-11.1(a) (2023). “When the

trial court sits without a jury, [we review] . . . whether there was competent evidence

to support the trial court’s findings of fact and whether its conclusions of law were

proper in light of such facts.” Jackson v. Culbreth, 199 N.C. App. 531, 537 (2009)

(citation omitted). Unchallenged findings are binding on appeal. In re I.K., 377 N.C.

417, 422 (2021). Further, “it is the trial court’s responsibility to pass upon the

credibility of the witnesses and the weight to be given their testimony and the

reasonable inferences to be drawn therefrom. . . . [A]ppellate courts may not reweigh

the underlying evidence presented at trial.” Id. at 426.

Reece argues the trial court’s finding of fact 6 is unsupported by the evidence.

The trial court made the following finding that Reece now challenges:

  1. The only written evidence Reece presents to this Court of ownership of the ring is a note made by Lisa Wall, a Certified Public Accountant. The note was undated but purportedly made in March 2019, and it indicates that Mr. Reece’s business bought a ring for $17,000. The note neither specifies any physical attributes of the ring nor states from whom Mr. Reece’s business bought the ring.

According to Reece the trial court’s finding 6 is unsupported because the note the trial

court is referring to includes Goldman’s name on the top it. Reece argues the trial

court plainly “misread” the note and the “context made clear that Reece bought the

ring because Reece’s Exhibits 1A and 1B, taken as a whole, make clear the note came

-4-
STATE V. REECE

Opinion of the Court

from Goldman’s tax file from a meeting on 26 March 2019, meaning that Goldman

must have been the seller.”

Reece does not challenge whether there is other written evidence but instead

argues the trial court misread the evidence and improperly weighed the evidence. As

previously stated, the trial court sits in a unique position to weigh the credibility of

the witnesses and evidence. If there is competent evidence to support the finding,

the trial court’s finding will remain undisturbed despite evidence to the contrary.

Lincoln Terrace Assocs., Ltd. v. Kelly, 179 N.C. App. 621, 623 (2006).

The trial court determined the written evidence was not satisfactory to

establish ownership, and there being no further evidence to establish it, determined

Goldman is the rightful owner of the diamond ring. The trial court received a lot of

conflicting evidence, such as the loan Reece claimed he obtained from his friend, Jeff

Hudspeth, who told SBI he did not recall giving a $9,000 loan to Reece, and the

evidence Reece attempted to manipulate Slusher into saying he witnessed a cash

transaction between Reece and Goldman. Goldman’s testimony was equally

conflicting and questionable, such as her assertion that Wall fabricated testimony to

cover Reece and protect herself. We may not reweigh the evidence. The findings are

supported by the evidence and in turn support the conclusions of law. Therefore, we

discern no abuse of discretion.

III.

For the foregoing reasons, we determine the trial court’s findings of fact are

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STATE V. REECE

Opinion of the Court

supported by competent evidence and in turn support the conclusions of law.

Therefore, the trial court’s order is affirmed.

AFFIRMED.

Judges ARROWOOD and CARPENTER concur.

Report per Rule 30(e).

-6-

Source

Analysis generated by AI. Source diff and links are from the original.

Classification

Agency
NC Courts
Filed
March 18th, 2026
Instrument
Enforcement
Legal weight
Non-binding
Stage
Final
Change scope
Minor

Who this affects

Applies to
Legal professionals
Geographic scope
State (North Carolina)

Taxonomy

Primary area
Criminal Justice
Operational domain
Legal
Topics
Property Law Obstruction of Justice

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