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Authorites Urge Trade to Report Criminal Activity

May 7, 2010 11:30 AM   By NY Dealers Club
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Press Release: New York Diamond Dealers Club (DDC) president Moshe Mosbacher this week convened a seminar on “Crime Against Diamond Dealers and Jewelers.” Mosbacher noted that this subject was of high priority and concern for DDC members, particularly in light of the two recent armed robberies conducted in the area, one of which ended in the tragic shooting death of an industry member just a few blocks from the DDC's headquarters on 47th Street. 

Mosbacher convened a panel of prominent experts in the field of crime and security: FBI Special Agent Daniel McCaffrey, New York City Detective Sergeant Scott Guginsky and John Kennedy and Robert Frank, the president and vice president, respectively, of the Jewelers Security Alliance (JSA). 

In a wide-ranging presentation, the speakers reviewed subjects of concern to industry members, such as home invasions and hostage situations, armed robberies in stores, memo fraud and store break-ins.

All of the speakers agreed that industry members must be eternally vigilant and watchful in order to minimize the opportunities for crime against them. Deterrence was emphasized, especially in certain situations, such as when industry members are on the road, in parking lots or even at home.

The law enforcement representatives focused in particular on the need of industry members to bring any suspicious activity to the attention of appropriate authorities. They indicated that this enables them to identify patterns of behavior that could make it easier to execute arrests and prosecutions. 

About the Diamond Dealers Club (DDC)
Established in 1931, the Diamond Dealers Club (DDC) is the voice of the American diamond industry and is the oldest and largest diamond-trading bourse in the U.S. A member of the World Federation of Diamond Bourses (WFDB), the DDC’s nearly 2,000 members come from across the U.S., Europe, Japan, India, South Africa and Israel. The DDC is headquartered in a 25,000-square-foot facility in the heart of the diamond district in the World Diamond Tower at 580 Fifth Avenue and 47th Street. To learn more about the DDC, please visit

Tags: India, Israel, Japan, NY Dealers Club, Robberies, South Africa, World Federation of Diamond Bourses (WFDB)
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