Last updateFri, 22 Sep 2017 12pm

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Colucci Jewelers owner charged with murder

2nd tragedy to strike family in last 2 years

Fatal shootingtA Summerville, SC family well-known for their dealings in the jewelry industry throughout Flowertown and North Charleston faced another tragedy Friday after a fatal shooting, according to North Charleston police.

Gold’s found a new pocket of opportunity

gold e"Don't gain the world and lose your soul; wisdom is better than silver or gold."

You may have to read the quote more than once, but Bob Marley knew what he was talking about.

At the moment, investors seemingly disagree a bit with him, and they have pushed spot gold up around 8 percent higher since the beginning of the year.

Florida jewelry store hit on Easter morning, 7th time targeted since 2011


AVALON PARK, Fla. - It wasn't the Easter morning Tiffany Bayley was hoping for.

She woke up to thousands of dollars worth of damage at her jewelry store, Avalon Park Jewelers, Sunday morning.

"He pointed to this, to bust this and then they were just scooping everything up out of here," Bayley said.

It was just before 5 a.m. Sunday when four people broke into the store.

To catch a jewelry thief

thief eJewelers Mutual’s top tricks and traits of criminals

(NEENAH, Wis.) - Did you know that even with the best security setup you could be a victim of a clever thief? The best technology is only as good as the technology user’s instincts and judgment. That’s why it’s important to know some of the top ruses used by thieves as well as the telltale behaviors thieves exhibit.

Russian gangsters charged in diamond fraud scheme

russian shutterstock

NEW YORK (WABC) --Ten suspected Russian gangsters were arrested April 5th for allegedly defrauding merchants in New York, Las Vegas and Mumbai out of more than $9 million in diamonds.

Investigators said the members of the group, under investigation since 2015, wrote bad checks, forged documents and used other methods to convince wholesalers to give them diamonds on a promise to pay on delivery.

Court records said the group walked away with millions in diamonds and left the victims high and dry. The diamonds were then resold through the Diamond District in Manhattan.

Goldman Sachs says mining platinum from asteroids “realistic”

Just one small space rock could earn cosmic miners a whopping £40 billion (over $51 billion US) if they can figure out how to bring it back to Earth

Goldman Sachs asteroids

The global investment bank Goldman Sachs has claimed mining asteroids for precious metals is a “realistic” goal.

It has released a report exploring the possibility of using an “asteroid-grabbing spacecraft” to extract platinum from space rocks.

"While the psychological barrier to mining asteroids is high, the actual financial and technological barriers are far lower," the report said, according to Business Insider.