A jewellery boss who allegedly scammed investors out of £170m reportedly had his staff pose as customers to make his shops look busy to keep up the ruse.
In what could be the UK’s biggest diamond scam, Vashi Dominguez is also alleged to have had shop workers sit at work benches and pretend to be goldsmithing when business was faltering.
Investors claim that when the facade was exposed, they still hoped they could be bailed out by the £157m worth of diamonds they were told were held in stock.
However, the remaining gemstones were valued at just £100,000, a BBC Panorama investigation claims.
So far Mr Dominguez – described as the “Pied Piper” of the industry – is not being investigated by police.
Well you can’t expect the police to look into a mere £170m fraud when there are dangerous criminals with English flags to track down.
I suppose he’s almost certainly gone from the UK.
Why you’d invest in a jewellers, fuck only knows. Even if the diamonds were legit, it’s all sat atop a pile of bullshit about how many De Beers release and the synthetic market is constantly growing. That’s before you get into how jewels used to be a way to carry wealth and we now have international bank accounts for all, so why would you spend £2000 on a piece of sparkly rock when cubic zirconia looks the same and costs about £50.
Once you have their money, you never give it back.
‘reportedly had his staff pose as customers to make his shops look busy to keep up the ruse.’
Reportedly? Telegraph doesn’t want to be sued for falsely accusing them of employees acting like customers?
‘also alleged to have had shop workers sit at work benches and pretend to be goldsmithing ‘
Under British law, can said employees also go to prison for this?
I dare say Britain has millions of employees who pretend to be working.
Doesn’t the BBC have a tie in to Plod? What with liaising with them televising the Cliff Richard raid for being an evil gay who won’t go public to the constant updating of the Huw Edwards case to keep the BBC in the loop, is Panorama venturing to the operational side?
Well, yes Gamecock, but to be legit they have to be in the public sector…