Man Accused of Switching $40,000 Diamonds for Tobacco

By John Jeffay / May 08, 2023 / www.idexonline.com / Article Link

(IDEX Online) - A man has been arrested in Surat, accused of defrauding a diamond trader by swapping polished stones worth almost $40,000 with packets of chewing tobacco.Raheel Manjani, a diamond broker, allegedly obtained the diamonds to sell to another trader, promising to make full payment for the sealed parcels within a few days, according to the Times of India.He didn't pay, says a complaint filed to police by trader Rushabh Vora, who then asked for the parcels to be returned.He unsealed the parcels in front of the broker, and was shocked to find the stones had been replaced with gukta, a flavored chewing tobacco. He faces charges of cheating and criminal breach of trust.Generic pic of loose diamonds

Recent News

Gold stocks decline as metal price drops

June 29, 2026 / www.canadianminingreport.com

Tech takes a hit on South Korea semiconductor decline

June 29, 2026 / www.canadianminingreport.com

Gold stocks rise even as metal drops for second week

June 22, 2026 / www.canadianminingreport.com

Base outperform precious metals in slowdown from 2025 boom

June 22, 2026 / www.canadianminingreport.com

Mining stocks not looking expensive versus returns

June 15, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok