Rapaport News


Search Results


Advanced search
Latest Articles
Rough Markets
Polished Markets
Jewelry store burglary crime
Gang Burglaries Drive Rise in Crime Losses
Losses from crime against the US jewelry industry soared 89% to $101 million in 2019, reflecting a splattering of high-value burglaries perpetrated by gangs.Burglary losses more than tripled to $40.5 million, from $11.6 million in 2018, the Jewelers’...
Financial-Legal Dec 09, 2020 Rapaport News
Antwerp Vault Heist Leaves Clients in the Dark
Thieves have broken into a bank vault near Antwerp’s diamonddistrict, with some clients in the dark about whether their goods have beenstolen. Daring burglars entered the BNP Paribas Fortissecure area via a sewage...
Financial-Legal Feb 06, 2019 Joshua Freedman
Israel theft
Diamonds Stolen from Israel Bourse Event
A man allegedly stole a briefcase of diamonds worth tens ofthousands of dollars from the Israel Diamond Exchange (IDE) last week.The theft took place on Monday at InternationalDiamond Week in Israel (IDWI), which ran for three days...
Financial-Legal Feb 03, 2019 Rapaport News
Lev Leviev
Report Links Leviev to Diamond-Smuggling Arrests
Lev Leviev’s businesses are embroiled in allegations of a diamond-smuggling ring involving relatives and employees of the tycoon.Six people were arrested on Monday, including Leviev’s son and brother, after an undercover investigation, according to Israeli media.A staff...
Financial-Legal Nov 05, 2018 Rapaport News
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
smash and grab
US Jewelry Crimes Rise to 1,394 in 2017
Increases in cyber theft and smash-and-grab robberies are contributing to higher crime levels in the US jewelry industry, the Jewelers’ Security Alliance (JSA) saidin a report last week.The total number of jewelry crimes reported to the JSArose...
Retail Mar 21, 2018 Rapaport News
Crime-Yellow Tape
Gang of Diamond Fraudsters Arrested
New York police have arrested 10 men accused of defraudingwholesalers out of diamonds valued at more than $9 million, the US Attorney’sOffice for the Southern District of New York announced.The accused wrote bad checks, forged documents and...
Financial-Legal Apr 06, 2017 Rapaport News
France customs
Police Nab Man with Bling in Underwear
Customs police seized close to $322,000 (EUR 300,000) worth of roughdiamonds a man tried to sneak into Belgium in his underpants, TheIndependent reported.Police believe the man had come from the Democratic Republicof the Congo, according...
Mining Jan 24, 2017 Rapaport News
Amsterdam Schiphol  airport
Dutch Police Nab Suspects in $72M Heist
Seven people have been arrested on suspicion of involvementin a multi-million dollar diamond robbery at Amsterdam’s Schiphol airport 12years ago, the Associated Press (AP) reported.The five men and two women, all of them Dutch nationals,were...
Financial-Legal Jan 22, 2017 Rapaport News
NY NYE robbery
Thieves Nab Jewelry in New Year’s Heist
Three men stole about $6 million of jewelry from a New Yorkwholesaler on New Year’s Eve while mass celebrations took place just a fewblocks away at Times Square, police said.The trio entered KGK Holdings at 70 West 36th...
Financial-Legal Jan 04, 2017 Rapaport News
Crime-Yellow Tape
Jewelry Crime Drops as Security Improves
Losses from crime against the diamond, jewelry and watch industry decreased 7.2percent to $30.8 million in the first half of the year, according tothe Jewelers’ Security Alliance (JSA). The number of crimes also fell,...
Financial-Legal Aug 09, 2016 Rapaport News
Hatton Gardens Front
Hatton Garden Thieves Jailed for up to Seven Years
Five gang members have been handed jail sentences rangingfrom six to seven years for their roles in the $19.9 million (GBP 14 million)burglary of jewelry from the Hatton Garden security vault in London’s diamonddistrict, The...
Financial-Legal Mar 10, 2016 Rapaport News
Crime-Yellow Tape
Crimes Committed Against U.S. Jewelry Firms Slump in 2015
The total number of crimes committed against U.S. jewelryfirms that were reported to the Jewelers’ Security Alliance (JSA) slumped lastyear, leading to an 11-percent drop in dollar losses.Crimes reportedfell by 15 percent to 1,177 in 2015 as authorities were successful...
Financial-Legal Mar 09, 2016 Rapaport News
Three Convictions in Hatton Garden Heist
Three members of a gang were convicted inconnection with a $20 million (GBP 14 million) heist in London’s Hatton Gardendiamond district, The Guardian reported January 14.Carl Wood of Cheshunt, Hertfordshire; William Lincoln of Bethnal Green,east London; and...
Financial-Legal Jan 18, 2016 Rapaport News
19 Ordered to Face Trial over $50M Brussels Diamond Heist
Nineteen people have been ordered to face trial overa $50 million diamond heist at Brussels Airport in 2013, AFP reported, citing Belgian newsagency Belga. Nine suspects have beencharged with direct involvement in the robbery...
Financial-Legal Jan 03, 2016 Rapaport News
JSA Jewelers' Security Alliance
Jewelers’ Security Alliance to Honor Mutual Executive, Federal Agent
TheJewelers’ Security Alliance (JSA) will honor two individuals for their “outstanding”assistance to the safety and security of the industry at an awards ceremony inNew York in January.David J. Sexton, vice president forloss prevention consulting at Jewelers Mutual...
Financial-Legal Dec 16, 2015 Rapaport News
Hatton Garden Heist Suspects ‘Spent Three Years Planning’: The Guardian
Burglarsspent three years planning a heist in London’s Hatton Garden Safe Deposit tosteal $21.1 million (GBP 14 million) of jewels, gold and cash, a court heard onthe opening day of the trial, according to The Guardian.A gang...
Financial-Legal Nov 25, 2015 Rapaport News
Antwerp court
Traders Sentenced for Bribing Antwerp Lab Worker to Inflate Color Certificates
Four diamond traders have received prison sentences for bribing an HRDAntwerp laboratory worker to award them inflated color-grade certificates, theAntwerp World Diamond Centre (AWDC) said in a statement.The accused, whom the AWDC did not...
Financial-Legal Nov 15, 2015 Rapaport News
Security Firm Advises New Behaviors to Thwart Show Theft
Ahead of the Hong Kong Jewellery show and other autumn events, security consultant ISPS is warning that while thieves have a tendency to act in the first few hours of anexhibition, clients should not let down...
Manufacturing Sep 09, 2015 Rapaport News
Previous 1 Next
Show articles per page

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us