RAPAPORT… The 12th episode of the Rapaport Diamond Podcast reflects on
last week’s arrest of Nirav Modi in central London, as well as other key recent
stories in the industry.
The Rapaport editorial team assesses the impact of the $2
billion bank fraud in which the Indian jeweler allegedly participated, and what
to expect next in the high-profile case.
We also analyze mixed 2018 earnings from Tiffany & Co.,
and the significance of the Diamond Producers Association’s testing program for
synthetics detectors, after initial results emerged earlier this month.
Images: Nirav Modi, De Beers’ SYNTHdetect machine, and Tiffany & Co.’s Fifth Avenue store in New York. (Nirav Modi/Facebook, Diamond Producers Association, Tiffany & Co.)
Podcast: The Nirav Modi Arrest and More
More Stories

Namibia Authorities Investigate Allegations About Corruption in Diamond Sector
Brilliant Star denies activist’s allegations about it; De Beers terminates company’s sight following separate review.

Shai Schnitzer Becomes Third Generation of Family to Head IDE
His grandfather, Moshe Schnitzer, and father, Shmuel Shnitzer, both served as president.

Romanov Sapphire Sails Past Estimate to Score $5M at Sotheby’s
Auction house originally predicted Cartier bracelet would bring in up to $2 million.
