06012016Wed
Last updateTue, 31 May 2016 9pm

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Staged kidnapping ploy to rob jeweler results in two deaths

kidnapping

LAS VEGAS (KSNV News3LV) — Henderson police say a Las Vegas man was arrested in connection with the double homicide of two men.

38-year-old Brian Kleynen was arrested at his Las Vegas apartment and taken into custody without incident just before noon.

The homicide happened on April 12 in the 100 block of Treiner Drive near Mission Drive and Horizon Ridge Drive.


JA fights for jewelers on Capitol Hill

JAAssociation continues to promote industry policy positions through meetings, fund raisers and other activities

(NEW YORK) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, has ramped up advocacy efforts in Washington, D.C. Recent activities include meetings with Congressional leaders to support the jewelry industry’s recommendations to the Federal Trade Commission (FTC) on its proposed changes to the Guides for the Jewelry, Precious Metals, and Pewter Industries. The association also held a dinner to celebrate its work in legislative affairs in April, and is planning a two-day fly-in to D.C. in June - its sixth annual advocacy trip to Capitol Hill with a delegation of jewelers.

On Thursday, April 14, JA’s D.C.-based legislative counsel, Haake Fetzer, organized several meetings for JA President & CEO David J. Bonaparte with representatives on House and Senate Committees that oversee the FTC. Bonaparte met with Rep. John Shimkus, a senior member of the House Energy and Commerce Committee; and key staff from the office of Sen. Jerry Moran, Chairman of the Senate Commerce Committee’s Consumer Protection and Product Safety Subcommittee.

Morganite: The modern face of jewelry

Darling cushion MayTrends come and go as quickly as the seasons. Much like American culture, tastes in music, fashion and color are constantly evolving. And when they evolve, it pays to be on the current trend.

In the case of the jewelry industry, we are right in the middle of a morganite sensation. A stone mostly disregarded in the past cannot be ignored any longer thanks to internet trends and online retailers. Affordable and ranging in size, it is the perfect stone for new age consumers looking to be fashion forward and unique while remaining budget conscious.

One fifth of the world's gold is buried in London - and here's where it's hidden

SECRET vaults in London house one fifth of all the gold on the planet, with a staggering £172 billion worth of bullion tucked away under the capital’s streets.

sun gold

Vaults under the Bank of England on Threadneedle Street are said to hold 5,134 tonnes of gold, making up the majority of the 6,256 tonne total kept safe underground in London.

Bars of gold bullion are popular with investors because gold will, in theory, always retain its value – no matter how volatile the world economy is.

Last chance to apply for one of GIA’s 125+ scholarships

GIA 4 26GIA (Gemological Institue of America) has sent a reminder that their scholarship application deadline is this Saturday, April 30. Prospective GIA students have the opportunity to apply for 125+ scholarships, totaling more than $500,000, for Gemology and Jewelry Manufacturing Arts programs, courses and lab classes. Directions on how to apply online can be found at http://www.gia.edu/gem-education-scholarship-instruction-information.

How Social Media can put you at risk

The story described below is of a robbery of a Baltimore jewelry store that occurred in January of 2013. The origins of the plot began in November of 2012. This was right around the time when we started tracking a transition in the methods used by criminals who were committing jewelry crime.

In the news report, a group of jewelry criminals spent months and used GPS tracking devices and extensive surveillance to target Antony jewelers in the Baltimore area. These types of organized jewelry crimes like the one in the news report have historically been committed by SATGs (South American Theft Groups) or as they are better known in the jewelry industry - the “Colombians”. These groups primarily targeted traveling jewelers as they crisscrossed the country. However, as travelers began to ship more and more of their jewelry rather than carrying it over the road with them, SATGs and other organized criminals were forced to make a change. They adapted the successful methods that they used to target the traveling salesperson and began exploiting the retail environment with the same successful methods.

Gold has everything in its favor

Opinion piece from MarketWatch says gold prices could surpass 2011 highs

MW gold

Left for dead for almost four years, gold has suddenly made an amazing comeback: It’s up over 50% this year.

Will the strength of gold GCM6, -0.25% continue, or is the party over?

Several gold investors who have enjoyed the ride so far believe the next move is up from here — possibly even taking out prior highs for the metal.

Gold traded on Friday for $1,245 an ounce. It went as high as $1,895 in 2011.

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