How diamonds are used for money laundering, Indian community shocked by Dubai killing, and other stories on the industry’s radar this week:
– Five ways diamonds are used for money laundering.
– Winsome Diamonds appoints ex–Antwerp Diamond Bank official to board. Indian diamond trader goes bust. Indian community shocked by attack on Dubai diamantaire.
– U.K. diamond investment firm liquidates.
– Zimbabwe not giving out any new diamond licenses. Corruption alleged at Marange mine.
– Media Watch: The New York Times on buying engagement rings. Sploid/Gizmodo calls diamonds “a total scam.”
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