U.S. authorities allege a Toronto gem broker, whose company claims to be Canada’s largest wholesaler of coloured diamonds, was the silent partner behind a diamond investment fraud that swindled more than $21 million from hundreds of victims.

The businessman is one of two new names facing charges in the US after four Canadians pleaded guilty for a $21-million investing swindle.{ai:summary}<p>U.S. authorities have accused a Toronto gem broker, linked to Canada’s largest wholesaler of colored diamonds, of being a silent partner in a diamond investment fraud. This scheme reportedly defrauded hundreds of victims, totaling over $21 million. #crime</p>

Toronto gem broker accused of being silent partner in major cross-border diamond fraud

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