JVC Warns Jewelers: File Ownership Info by New Year’s
The Jewelers Vigilance Committee (JVC) has sent out a reminder that almost every company in the jewelry industry must file ownership information with...
Social Media Star “Timepiece Gentleman” Pleads Guilty to Fraud
Anthony Farrer, 36, a social media personality known as the Timepiece Gentleman, who owned a Beverly Hills luxury watch consignment business of the...
Jewelers Vigilance Committee Hires New Assistant Counsel
The Jewelers Vigilance Committee has named Liz Fraccaro as its new assistant counsel.
Fraccaro previously served as legal consultant for the...
NDC Complains About Indian Company’s Lab-Grown Ad
The Natural Diamond Council (NDC) has filled a complaint with India’s advertising watchdog about a Kalamandir Jewellers ad for lab-grown...
FTC Ban on Noncompete Agreements Struck Down
On Aug. 20, a federal judge in Texas struck down the Federal Trade Commission’s (FTC) ban on employer noncompete agreements, which was scheduled to...
New September Rules Will Allow “Grandfathered” Russian Diamonds
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) has issued two general licenses that will allow the import of previously banned...
FTC Rule Bans Buying Fake Reviews, Bot Followers
The Federal Trade Commission (FTC) issued a new rule Wednesday to crack down on companies that post fake reviews or beef up their social media...
Israeli Companies Claim Diamond Foundry Owes Them $5 Million
Two Israeli companies—E.Y. Orot Assets and Omega Eco Diamonds—have filed a $5 million lawsuit against Diamond Foundry, alleging the lab-grown...
EU Pushes Diamond Certification Plan Back Six Months
The European Union is pushing back its plan to track the origin of every diamond over one-half carat to March 1, 2025.
The proposed certification...
Florida Jeweler Arrested for Allegedly Selling Counterfeits
Oleana Austin, 51, owner of two Blesk Jewelry stores in Palm Beach, Fla., has been arrested and charged with one count of selling counterfeit goods,...