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Jos Alukkas is also known for pioneering the concept of "gold supermarkets," which are large-format stores featuring extensive collections of jewellery. Today, the Jos Alukkas Group, chaired by Jos Alukkas and managed by his sons Varghese Alukkas, Paul J. Alukkas, and John Alukkas, operates over 60 large-format jewellery showrooms across India ...
Vaibhav Global Limited (VGL), formerly known as Vaibhav Gems, is a multinational electronic retailer and manufacturer of fashion jewelry and lifestyle accessories. It sells its products through its home shopping channels, Shop LC in the United States and TJC in the United Kingdom. The company is headquartered in Jaipur, India. [1] [3] [4] [5]
TJC is part of the Vaibhav Global Limited (VGL) group, and is a sister network to Shop LC in the United States. The company mines and handcrafts many of the products sold on its TV networks, hence its claim to cut out the "middleman" [1] and to attempt to undercut high-street prices.
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In January 2006, BusinessWeek reported that ShadowCrew, an online gang, used the e-gold system in a massive identity theft and fraud scheme. [38] Traditional banks are also used frequently for such fraud. Allegations that e-gold is a safe medium for crime and fraud are strongly denied by its chairman and founder, Dr. Douglas Jackson. [39]
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