Paris-Sana
The French police announced that after an investigation that lasted for several years, a French-Israeli network specialized in diamond investment scams has been dismantled.
And the website of the French channel Monte Carlo quoted Sophie Colbois from the Central Office for the Suppression of Large-Scale Financial Crimes as saying, “The investigations carried out based on the file of a fraudulent operation of false remittances, which was the victim of a football club in the city of Anges, western France in 2017, contributed to the discovery of a network of scammers run by (Israel) specializes in creating electronic platforms that display false investments in the diamond field.”
Colboa explained that “the network was displaying diamonds on the Internet and deluding buyers that it is kept in deposits and its value increases over time,” adding that “in 2019 and after the first arrests in France, interrogations and raids in (Israel) allowed charges to be brought against 27 people and the identification of 1200 victims.
The total losses resulting from this scam were estimated at more than 30 million euros, while 4.5 million euros of criminal assets were seized, mostly cash and bank accounts.