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Oct. 7—At least four people from Romania, one of them in custody, face charges connected to a jewelry sales scam that continues to target people along Alaska's road system from Fairbanks to the ...
In May 2018, De Beers introduced a new brand of jewellery called "Lightbox" made with synthetic diamonds. The synthetic stones start at $200 for a quarter carat to $800 for a full carat diamond. The new lab-grown diamonds retail for about one-tenth the cost of naturally occurring diamonds.
The gem scam is a confidence trick performed usually against tourists. The most known version occurs in Bangkok, Thailand as well as other cities in the country. It is one of the most pervasive scams in Thailand. Most of the shops are gold or jewelry shops. The marks tend to be tourists from outside Thailand. It has been alleged that this scam ...
Founded in 1837, Tiffany & Co. is an established brand of luxury goods with high-end quality, including jewelry, watches, and home items. [6] [7]: 463, 471–472 Created in New York City by Charles Lewis Tiffany, [8] Tiffany is "renowned for its rare and magnificent diamonds" [8] its "style is defined by groundbreaking designs and glamorous collections."
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Lawton is believed to have hit around 20 to 25 jewelry stores, [13] stealing a self-estimated total of around $15–18 million worth of high-value items, including watches, diamonds, and other gems. [ 24 ] [ 25 ] Lawton later claimed that he was the biggest jewel thief of the 1980s and 90s operating within the United States of America.
Ratings agencies were paid "a small piece of the deal (typically 3.5 to 6 basis points [100 basis points = 1%] of the issue size)," explains Rutledge. "Law firms expected to earn about $1 million ...