Rapaport News



Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Rough Markets
Polished Markets

Diamonds Stolen from Israel Bourse Event

Footage shows man snatching case allegedly worth tens of thousands of dollars.
Feb 3, 2019 9:16 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... A man allegedly stole a briefcase of diamonds worth tens of thousands of dollars from the Israel Diamond Exchange (IDE) last week.

The theft took place on Monday at International Diamond Week in Israel (IDWI), which ran for three days on the trading floor of the Ramat Gan bourse.

A man in a sharp suit calmly snatched the case from under an exhibitor’s table, before walking away, according to surveillance footage published by Israeli broadcaster Kan (see Hebrew video below). IDE security officers quickly became aware the box was missing, investigated the incident, and passed on the relevant details to authorities, the bourse said.

Nine people from South America reportedly orchestrated the incident. They came to Israel specifically to carry out the alleged crime, and were arrested later in the week while trying to leave the country via the Egyptian border, according to Kan. The diamonds have been returned, the report added.

“This was a very sophisticated job which enabled the thieves to get through the Israel Diamond Exchange security system, which is considered the best of its kind in the world,” an IDE spokesperson told Rapaport News. “The gang included nine suspects who, it is suspected, used fake passports, some of which were given entry into the bourse and others were not.”

More than 350 foreign buyers attended IDWI from more than 30 countries, the exchange said.

Main image: From footage showing the alleged thief taking the suitcase of diamonds. (Kan/YouTube)
Tags: crime, IDE, Israel, Israel Diamond Exchange, Rapaport News, theft
Similar Articles
Rough diamondsKimberley Process Plans to Digitize Its Certificates
Apr 05, 2020
The Kimberley Process (KP) is trialing the use of digital certificates...
Belgian Banks Postpone Loan Repayments
India Eases Trade’s Financial Burden
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

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