Jewelry Wholesaler Pleads Guilty to Running Ponzi Scheme
On Dec. 30, jewelry wholesaler Gregory Altieri, 53, pled guilty in New York federal court to wire fraud, for running what the government calls a...
LVMH Set to Close Tiffany Acquisition This Week
The trip to the altar had many bumps along the way, but it looks like Tiffany & Co. and LVMH may finally get hitched this week.
On Dec. 30,...
Nehal Modi, Former Samuels CEO, Charged in Diamond Deal
A New York grand jury has indicted Nehal Modi (pictured), the former CEO of Samuels Jewelers and Gitanjali USA, with grand larceny for allegedly...
Customs Seizes Hundreds of Fake Jewelry Pieces, Watches
On Dec. 11, U.S. Customs and Border Protection (CBP) officers in Cincinnati seized two shipments that contained hundreds of fake jewelry pieces and...
JSA Offers Reward for L.A. Jeweler’s Killer
The Jewelers’ Security Alliance (JSA) is offering a reward of up to $2,500 for information leading to the arrest of the man who stabbed and killed...
A New Transparency Law Could Change the Jewelry Business
De Grisogono’s bankruptcy earlier this year demonstrated that jewelers need to have a better sense of who the companies are that they're dealing...
Why Customs Seized $20.7 Million in Jewelry in Detroit
The package contained $20.7 million in jewelry and was from a Canadian citizen, meant to be delivered to a New York City auction house for appraisal...
WD Settles Litigation With Pure Grown, IIa Technologies
The Carnegie Institute of Washington and M7D Corp.—the Maryland company that does business as WD Lab Grown Diamonds—have ended their nine-month...
Amazon Claims Influencer Promoted Counterfeits
Amazon has sued Kelly Fitzpatrick, a former member of its influencer program, claiming that the owner of the Style and Grace site promoted...
Alex and Ani Founder Rafaelian Owes $5 Million, Court Rules
Alex and Ani founder and former CEO Carolyn Rafaelian has lost a New York State legal battle against Lion Capital, the London-based investment...