5 Diamond Developments You Should Be Following: Week of Feb. 3



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.”

JCK News Director