Podcast: The Nirav Modi Arrest and More

By Rapaport News / March 28, 2019 / www.diamonds.net / Article Link

RAPAPORT... The 13th episode of the Rapaport Diamond Podcast reflects onlast week's arrest of Nirav Modi in central London, as well as other key recentstories in the industry.The Rapaport editorial team assesses the impact of the $2billion bank fraud in which the Indian jeweler allegedly participated, and whatto expect next in the high-profile case. We also analyze mixed 2018 earnings from Tiffany & Co.,and the significance of the Diamond Producers Association's testing program forsynthetics detectors, after initial results emerged earlier this month.Images: Nirav Modi, De Beers' SYNTHdetect machine, and Tiffany & Co.'s Fifth Avenue store in New York. (Nirav Modi/Facebook, Diamond Producers Association, Tiffany & Co.)

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