Search Results for: diamonds
The AMF warns for unauthorized websites offering diamond investments
December 21st, 2017
The Autorité des marchés financiers (AMF), an independent public authority in France responsible for ensuring that savings invested in financial products are protected, has issued today a public warning against the activities of websites offering diamond investments, for which ...
Individuals and their companies ordered to pay millions in restitution for defrauding investors
August 21st, 2017
Federal Court Orders Jeffrey Slemmer, Christian Dorrian, Adam Roth, and Their Florida-Based Companies to Pay over $5.4 Million in Restitution and a Penalty in CFTC Precious Metals and Diamonds Anti-Fraud Action Slemmer Enterprises, Dorrian Enterprises and Roth Investment Group ...
Costco made $3.7 million selling ‘Tiffany’ rings. Now it must pay $19 million to the real Tiffany
August 16th, 2017
Costco must pay the storied jewelry company Tiffany & Co. more than $19 million for selling about 2,500 diamond rings falsely identified on store signs as “Tiffany” rings, a federal judge ruled Monday. Costco’s management “displayed at best a ...
France’s financial markets regulator published a list of unauthorized diamond investments platforms
July 24th, 2017
The Autorité des marchés financiers (AMF) has issued a press release to warn the public about unauthorized diamond investments platforms. According the warning: The AMF is warning the public about proposals to invest in diamonds without complying with the ...
Fancy Color Diamond Price Index Slightly Up In Q1 2017, Says FCRF
April 26th, 2017
The Fancy Color Diamond Index for the first quarter of 2017 indicates pricing stability across most fancy color diamond categories, according to the Fancy Color Research Foundation (FCRF). The main exception was blue fancy color diamonds, which saw a ...
Payday lenders fined $730,000 for diamond trading ‘sham’
March 10th, 2017
Following ASIC action, the Federal Court has today fined payday lenders Fast Access Finance Pty Ltd, Fast Access Finance (Beenleigh) Pty Ltd and Fast Access Finance (Burleigh Heads) Pty Ltd (the FAF Companies) a total of $730,000 for breaching ...
Bank of Israel keeps the interest rate unchanged
February 28th, 2017
Inflation data: The Consumer Price Index for January declined by 0.2 percent, in line with the average of forecasters’ projections. There were seasonal declines this month in the clothing and footwear component (9.2 percent), in the housing component (0.5 ...
Global diamond market sees moderate growth
February 24th, 2017
The global diamond industry performed moderately well in 2015, led by diamond jewellery retail sales, which grew 3 per cent at constant exchange rates, a report said. However, currency depreciation, as well as slower demand in China, contributed to ...
Polished diamond prices slide in January
February 7th, 2017
The price of polished diamonds fell in January despite a buoyant rough market, according to the latest RapNet Diamond Index from the Rapaport Group. Rapaport said polished trading was cautious after a disappointed holiday sales period for jewellery in ...
IBM Debuts Blockchain Ecosystem
December 9th, 2016
IBM Debuts Blockchain Ecosystem To Help Accelerate Growth of Networks on Hyperledger Fabric Blockchain has the potential to transform the way industries conduct business transactions. This will require a complete ecosystem of industry players working together, allowing businesses to ...
