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With a legacy of more than 100 years, the Better Business Bureau (BBB) is the go-to watchdog for evaluating businesses and charities. The nonprofit organization maintains a massive database of ...
The De Beers diamonds antitrust class action sought to end an alleged 60-year conspiracy to fix the price of rough diamonds in the U.S. by the De Beers group of companies. The litigation includes several cases including Hopkins v. De Beers Centenary A.G., et al., No. CGC-04-432954, which commenced on July 24, 2004, and Sullivan v.
Diamond Standard is the producer of an exchange-traded, regulated diamond commodity. [1] [2] [3] Equivalent to a standard gold bar for the diamond market, the diamond coin and bar enables investors to access an estimated $1.2 trillion asset class. [4] Futures contracts are in development by CFTC-licensees, [1] and an investment trust launched ...
These diamonds were routed via countries such as the UAE, allowing Russian-origin diamonds to enter global markets in "mixed origin" parcels. While efforts by the G7 to curb Russian diamond sales faced resistance, some companies, including De Beers, responded to these allegations, whereas others, like Kiran Gems, did not. [10]
1600 investors in Diamond Mortgage Company and A.J. Obie, two firms with the same managers, lost approximately $50 million in what the Michigan Court of Appeals described as "the largest reported 'Ponzi' scheme in the history of the state". It led to the passage in 1987 of the Mortgage Brokers, Lenders, and Servicers Act.
Diamond reports from GIA (as well as other, for-profit sources) are now demanded by most consumers purchasing diamonds over a certain size, typically for over 0.5 carat (100 mg), and almost always for over 1.0 carat (200 mg), and are considered an important tool in guaranteeing that a diamond is accurately represented to a potential buyer.
The Diamond Fund (Russian: Алмазный фонд) is a unique collection of gems, jewelry and natural nuggets, which are stored and exhibited in the Kremlin Armoury in Russia. The Fund was opened in 1967 and its collection dates back to the Russian Crown treasury instituted by Emperor Peter I of Russia in 1719.
But like many of America’s least-visited parks, even Gates of the Arctic saw more visits in 2023 than in 2022. Congaree and Dry Tortugas actually set new visitation records last year, suggesting ...