Posted on 04/25/2016 3:44:56 PM PDT by SMGFan
Perhaps it's possible to recover some money from them?
I use to sell jewelry. You never buy diamonds retail as an investment piece. They are like cars. As soon as you leave the store the price starts ticking downwards.
Must have been Tony Soprano’s crew...
Well, the buyers will have to sue the seller for the money they paid for the stolen gem
The buyer loses the gem to the police, the police turn it over to the rightful owner
It is the buyer’s responsibility to sue the seller
And that seller can sue his supplier, etc
That is how it works
The victim, the original owner who had the diamond stolen from, should be made in whole. Everyone else, even though some might be innocent, have to take it to the courts to get their money back.
Bookmark
Okay...
Outta my league!
Last diamond I priced was in the 1/4 to 1/3 carat range.
I agree that the original owner should get his property back, but if he received an insurance settlement for his loss, he should give that money back.
Me neither.
But one of the most reliable scams is to make the mark think that he or she is getting a killer deal, “a steal,” so that greed clouds their sense of logic.
The rule when purchasing something: be willing to walk away from the deal even and especially if the sales person threatens to rescind his offer if you leave.
Also, I wonder if they had it inspected and appraised.
Ya. Me too.
I can think of better things to spend $175K on... if I had it.
Diamonds are one of the most common gemstones on the planet... The scam around diamond value is comical when you think about it.. and now they are even trying to convince folks that diamonds that are of crap quality and clarity are valuable as well by labeling them “chocolate” and putting a high price tag on them.
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