Category: Legal

Thieves Steal Crown Jewels from Louvre Museum: Reports

Criminals took nine pieces from Napoleon and Joséphine collection, including a tiara and brooch.

Trump Puts Diamonds on List of Potential Tariff Exemptions

Executive order won’t remove most import duties (yet).

Loupe Holes: How the Diamond Industry Is Tackling Tariffs 

The August issue of the Rapaport Research Report outlines the trade’s options, from expediting exports to seeking out low-duty routes.

Dubai Police Thwart Theft of $25M Pink Diamond

Foiled plot ends with three suspects in custody and the gem recovered within hours.

Trump Tariffs Put Diamond Trade in Worst of Both Worlds 

The market yearned for clarity. It got more uncertainty at a higher price.

Diamond Trade in Turmoil as US Announces 50% India Tariffs 

“It’s a black day for the gem and jewelry sector,” says GJEPC chairman.

Investor Sues Lugano Diamonds for Withholding Millions in Earmarked Funds 

Kristoffer Winters claims he was not repaid for collaborating on a deal with jeweler.

Nirav Modi’s Brother Arrested in US for Extradition to India – Reports 

Authorities want him to stand trial for his part in alleged PNB bank fraud.

Pandora and Amazon Bust Ring Selling Fraudulent Jewelry 

Investigations commenced in 2020, uncovering an extensive counterfeit network from China.

Alrosa Busts Diamond-Smuggling Ring Allegedly Tied to Armenian Gang 

Sorter systematically stole over $24,000 in high-value stones, planning to sell them at a later date, company says.

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