ASIC liquidator push turns up the heat on Diamond Joe Gutnick

merlin-diamonds-find

Australia’s corporate watchdog has sought Federal Court approval to wind up Joseph Gutnick’s publicly-listed company, Merlin Diamonds, and flagged an inquiry into whether the colourful Melbourne businessman has breached his director’s duties. The Australian Securities and Investments Commission’s (ASIC) move against the man known as “Diamond Joe” due to his appetite for outback diamond and … Read more

Cartier Sues Alleged Counterfeiter

Cartier love bracelet

Cartier and Van Cleef & Arpels have filed a lawsuit against a Florida jeweler, claiming willful infringement on a number of the luxury jewelers’ famous trademarked collections. Scott King Inc., registered for business as Florida Diamond Brokers and King Jewelers, allegedly sold imitations of jewelry belonging to the Richemont-owned divisions, the May 6 suit, filed … Read more

RUSSIA: SYNTHETICS TO BE MARKED WITH SPECIAL CODE

richline-lab-diamonds-jewelry

Russia proposes to differentiate synthetics from natural diamonds starting 2022 Aleksey Moiseev, Russia’s Deputy Finance Minister, said that the diamond industry must support initiatives to “classify synthetic diamond products for customs clearance under separate product codes”. According to Rough & Polished, Moiseev broached the subject in a meeting with Alok Vardhan Chaturvedi, Chairman of the … Read more

First ever rough laboratory grown diamonds go on tender

Laboratory grown rough diamond

The Dubai Multi-Commodities Centre, or DMCC, will host the first-ever rough laboratory grown diamonds tender on its Dubai Diamond Exchange. The tender is organised and managed by Tony’s Auction World – diamond traders based in Hong Kong – with viewings of Chemical Vapour Deposition (CVD) rough lab-grown diamonds – approximately 50 000 carats in 55 … Read more