Last updateTue, 15 Aug 2017 9pm

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Buying diamonds by phone scam continues

ScamIn August we ran two stories about several jewelers that were called by out of town “customers” looking to purchase loose diamonds using a credit card. In most cases the “customer” identified himself as a business owner from California wanting to purchase stones with detailed specifications.

NC jeweler convicted for memo fraud for 4th time

ASHEVILLE – U.S. District Judge Martin Reidinger on October 13 sentenced Dina R. Garfinkel, a.k.a. Dina Drake, Dina Lebovitch and Ruth Lebovitch, to 41 months in prison on mail fraud charges, announced Jill Westmoreland Rose, U.S. Attorney for the Western District of North Carolina.

Garfinkel, 69, of New York City, was also ordered to serve three years under court supervision after she is released from prison and to pay $400,000 as restitution to her victims.

CVD synthetic diamond over 5 carats identified by GIA

CVD synthetic diamond

Chemical vapor deposition (CVD) technology has accelerated over the last several years, and the rapidly improving techniques have produced large, high-quality near-colorless and colorless synthetic diamonds. Two samples over 3 carats were reported in early 2016 as the largest CVD synthetics. GIA recently tested a CVD-grown synthetic diamond that weighed over 5 carats, marking a significant milestone.

“Slick” diamond swap caught on tape

slick diamond swap

The owner of a Saint John jewelry store believes he was the target of professional thieves after a middle-aged couple came in asking to look at diamonds and soon after, staff discovered a $10,000 stone was swapped for a fake.   

This isn't the first time someone has stolen from Wayne Smith, but in the 24 years he's owned his Brunswick Square jewelry store, this may be the slickest theft he's encountered.

NRF releases rosy holiday sales forecast

(WASHINGTON) - The National Retail Federation (NRF) announced it expects sales in November and December, excluding autos, gas and restaurant sales, to increase a solid 3.6 percent to $655.8 billion - significantly higher than the 10-year average of 2.5 percent and above the seven-year average of 3.4 percent since recovery began in 2009. Additionally, NRF is forecasting non-store sales to increase between 7 and 10 percent to as much as $117 billion.

Jewelers for Children 2016 Local Grants Contest

Jewelers for Children (JFC) has announced the 2016 edition of their Local Grants contest. JFC has set aside $50,000 to be used for 10 - $5,000 grants to local organizations. Independent jewelers will have an opportunity to nominate a local organization to receive one of these grants. Once a final list of nominated charities is compiled, the retailer will be responsible for motivating their constituents to vote for their charity through a Facebook based campaign on JFC’s page.

Terrifying smash and grab heist caught on camera


A million dollar jewelry heist inside one of Houston’s most upscale stores was caught on camera. The violent, brazen smash and grab robbery took place in September at de Boulle Diamond and Jewelry. The video shows 4 men dressed in black using hammers to smash the displays and taking off with over $1,000,000 of jewelry while terrified employees and customers looked on. And it all went down in 40 seconds.