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Podcast: The Nirav Modi Arrest and More

Mar 28, 2019 5:23 AM   By Rapaport News
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RAPAPORT... The 12th episode of the Rapaport Diamond Podcast reflects on last week’s arrest of Nirav Modi in central London, as well as other key recent stories in the industry.

The Rapaport editorial team assesses the impact of the $2 billion bank fraud in which the Indian jeweler allegedly participated, and what to 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 for synthetics 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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