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Diamond swapping
Trade ‘Blind to Diamond-Swapping Threat’
Diamond dealers are failing to protect themselves against stone-swapping,and are instead waiting until an expensive loss occurs before taking action, equipmentsuppliers have warned. The switching of natural diamonds with synthetics or otherlower-value goods is a common...
Technology Aug 15, 2018 Joshua Freedman
Israel 600
Israel Bourse Bans Traders for Synthetics-Swapping
The Israel Diamond Exchange (IDE) has kicked out two boursemembers it suspects of swapping natural diamonds with synthetics. The traders were allegedly complicit in switching D-color,high-clarity polished diamonds weighing 3 to 5 carats with lab-grown stones,IDE...
Financial-Legal Aug 05, 2018 Joshua Freedman
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