Yellow Diamond Part Of $20 Million Heist Resurfaces In Hong Kong Shop

Photo: Business Insider
A $1.5 million yellow diamond that was stolen in 2007 from Graff Diamonds in London has resurfaced in a Hong Kong pawn shop, according to the Daily Mail.
The pawn shop reportedly paid $380,000 for the 16.64-carat diamond. It’s being held at the Gemological Institute of America in New York, which verified that is it the real diamond and that it’s been recut since the theft.
Graff has filed suit against the pawn shop in Manhattan court to get the diamond back. It was stolen in a $20 million heist. The two stylist men who stole the ring arrived in a chauffeur-driven Bentley Continental—one wearing a panama hat and the other a beige suit.
The robbers have never been caught, and the yellow diamond is the first of their raided bounty to turn up.
Source: Business Insider
Like Haute Living Asia? Join our Facebook page or follow us on Twitter @HauteLivingMag. Want Haute Living Asia deliver to your inbox once a week? Sign up for our newsletter.
A glittering diamond watch from Switzerland worth $10 million made its debut Wednesday at the Hong Kong Watch and Clock Fair, known as the world's largest watch-and-clock trade event.
The watch, featuring 186 diamonds and weighing in at 160 carats, was presented by Swiss's top brand, Vacheron Con...
An extremely rare Imperial China bowl sold for nearly $27 million at auction in Hong Kong today. This whopping price total was about three times as much as pre-sale estimates.
LVMH Moët Hennessy Louis Vuitton owned De Beers Diamond Group opened its second Hong Kong flagship store last week.
7,800 buyers from more than 30 countries attended the four-day 2012 Hong Kong International Fur & Fashion Fair, and the preliminary tally for the fair's confirmed orders comes in at $257 million, the highest in the fair's 30-year history.
The 2012 Hong Kong Gold Coast Boat Show runs Friday through Saturday and will show an estimated $500 million worth of merchandise.
Last week couture Parisian fashion house Balmain Paris opened its first Hong Kong store in the heart of Tsim Sha Tsui.
A rare Pininfarina Hyperion has been found for sale in Abu Dhabi.
The Peninsula Boutique, located in Terminal 1 of the Hong Kong International Airport, offers travelers edible treats including boxed chocolates and truffles.
A 900-year-old Chinese Song dynasty ceramic dish has just sold for $26.7 million at a Hong Kong auction. Breaking records for Song Dynasty ceramics sold at auction, the dish fetched three times its pre-sale estimate.
The Peninsula Hong Kong is offering a Sky High Champagne brunch for its guest.