Hong Kong Busts $64M Diamond Scam

NewsBrief   January 1, 2024   Hong Kong Busts $64M Diamond Scam Hong Kong authorities have arrested four people suspected of running a money-laundering syndicate that falsely declared synthetic diamonds as natural. The Secret to Recruiting Great Jewelry Retail Teams Finding good employees is no easy task. Three experts reveal their top tips for getting the job done.   A New Dawn for the Botswana Diamond Industry The country is at a pivotal point in its diamond journey, with the new deal between De Beers and the government seen as a catalyst for growth.   Bans on Russian Diamonds Take Shape US and European Union outline plans for sanctions, but details lacking. Trending Stories Italian Grading Lab Warns of Synthetic-Diamond Scam   From the Pen (and Brush) of René Lalique   Market Comment: December 28, 2023 Events Rapaport Melee Auction January 16-25 New York & Dubai More Details         RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,418 0.38% 0.99% -4.29%  0.50 ct 1,980 0.74% 2.17% -25.86%  1.00 ct 5,981 -0.11% 0.06% -20.64%  3.00 ct 22,021 -0.07% -0.43% -11.30% Rapaport Investment Grade Diamonds

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