Suspect claims commerce problems rather than criminality are reason for dealers’ complaints of lost cash and diamondsIsraeli police are investigating claims of massive theft from the world’s leading diamond exchange,amid reports that at least a dozen dealers may be facing bankruptcy over the affair.
According to initial reports, the value of the diamonds and cash involved in the alleged fraudulent activity at the Israel World Diamond Exchange in Ramat Gan, or east of Tel Aviv,could amount to up to $65m (£45m).
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Source: theguardian.com