Customs Seizes 460 Counterfeit Rolexes
In late April, U.S. Customs and Border Protection (CBP) officers in Indianapolis seized two shipments filled with Rolex watches, all deemed to be...
JSA Offers $5,000 Reward For 2022’s 1st Jewelry-Related Homicide
Jewelers’ Security Alliance (JSA) is offering a $5,000 reward for any information leading to the arrest of the person who beat and killed Arasb...
New York Jeweler Charged With Money Laundering
On April 6, federal authorities in New York indicted Stanislav “Steve” Yakubov, a jeweler who works at a store in the Jamaica Colosseum Mall in...
Diamond Foundry Sues U.S. Over Chinese Tariffs
Lab-grown diamond manufacturer Diamond Foundry has filed a lawsuit against the U.S. Trade Representative, U.S. Customs and Border Protection, and the...
Philadelphia Jeweler Pleads Guilty To Money Laundering
On Thursday, Wasim Shazad (pictured), owner of V Jewelers on Philadelphia’s Jewelers Row, pleaded guilty to charges of money laundering and failure...
U.S. Sanctions Target Alrosa And Its CEO
On Thursday, the U.S. Treasury announced a long list of sanctions against Russia, with some taking aim at state-owned diamond miner Alrosa and its...
Fashion Brand Settles With FTC For Hiding Bad Reviews
Fast-fashion brand Fashion Nova has agreed to pay the Federal Trade Commission (FTC) $4.2 million to settle allegations that it used third-party...
Kimberley Process Adopts Framework For “Responsible Sourcing”
While the recent Kimberley Process (KP) plenary didn’t make progress on one long-sought-after goal—widening the KP’s definition of conflict...
Why The Pandora Papers Matter
Once again, there has been a massive leak of confidential data from offshore jurisdictions—this time, the biggest one ever, called the Pandora...
Industry Figures Appear in the Pandora Papers
A handful of diamond and jewelry industry figures have made appearances in the initial releases from the Pandora Papers—the massive leak of data...