follow us on
reach us on app store
News18 » Videos » News18 Shorts

Watch: Epicentre With Marya Shakil

Feb 19, 2018 11:45 PM IST India India
Share

Are diamonds a fraudster’s best friend? It looks like it is because a report accessed by CNN-News shows that the diamond trade is increasingly being used as a cover to convert unaccounted cash. Secrecy shrouds the multi-billion dollar diamond industry, where an estimated 70 percent of the trade is believed to be in the grey market, couched in round-tripping to inflate the prices.