Mumbai Police Investigating Diamond Fraud

World News
16/02/2015 11:09

In an apparent case of theft, an employee from the Mumbai branch of a rough diamond broker firm at the Bharat Diamond Bourse (BDB) fled with over Rs 100 crore ($16 million) of diamonds purchased from diamond companies and traders from Surat and Mumbai in the last six months. The duped traders include diamond trading company (DTC) sightholders. An investigation is underway.