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Resource ID: #26570
Subject: Jewelery Fraud
Source: WSMV-TV (Nashville, Tenn.)
Affiliation: 
Date: 2024-04-25

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Description

An investigation into certain diamonds sold worldwide, and locally by Nashville's most popular jeweler. The stones had laboratory paperwork that exaggerated their value and greatly disappointed many customers. Our investigation first sparked lawsuits against the jeweler, then major changes in the diamond industry worldwide, including the de-listing of certain certified diamonds, and ultimately the closing of EGL International, the laboratory whose grading was widely questioned and criticized throughout the industry.

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