Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

Diamond Smuggling Ring Busted in Antwerp

February 22, 07 by IDEX Online Staff Reporter

A diamond smuggling network, allegedly operating out of a gem-trading business, has reportedly been discovered by the Antwerp police. The ring is suspected of having made hundreds of smuggling trips since 2004.

 

According to a report in De Tijd today, a number of arrests have been made and police obtained confessions from couriers, who hid the goods on their body as well as from two of the ring's organizers. Police is now trying to finding out who were the ring’s customers.

 

This is not the first smuggling case in Antwerp. In December 2004, eight Antwerp diamond dealers were sentenced to up to six years in prison after being convicted on charges of smuggling rough diamonds into Belgium.

 

In October 2005, police seized goods from Monstrey Worldwide Services and closed their offices in an ongoing case that is still sending ripples through the diamond center.

Diamond Index
Related Articles

Police Raid Antwerp Diamond Offices

January 25, 07 by Edahn Golan

Read More...

Manilal's Death: More Details Emerge

December 08, 06 by Chaim Even-Zohar

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter