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A guy used a crowbar to break into a jewelry store in Pittsburgh, PA, but came away empty-handed — and ended up looking foolish in the process.

The would-be thief broke open a door and headed for the jewelry cases at Henne’s Jewelry.

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But they were empty, WPXI-TV explains. Store owner John Henne made that a practice about a decade ago after “someone drove a car through the front door to try to get some jewelry.”

Henne doesn’t leave so much as a sterling silver necklace on display overnight.

In last week’s case, the burglar can be seen on surveillance video smashing through the door, then jogging toward the jewelry cases. He then realizes there’s nothing to take.

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“You could even see his reaction when he saw there is nothing in the case is a little disappointed,” Henne told the TV station.

Police were on the scene within minutes, but by then the culprit was gone.

Read more at the WPXI-TV

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Fugitive Jeweler Arrested in $2B Fraud Case

India is seeking to extradite him.

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Nirav Modi, the billionaire jeweler who’s suspected in a $2 billion fraud case in India, has been arrested in London, The Telegraph reports.

He was arrested on behalf of Indian authorities, and he appeared Westminster Magistrates’ Court to fight extradition to India, according to the newspaper.

In court, he “spoke only to confirm his details and to refuse to submit to extradition” related to embezzlement allegations, The Telegraph reports.

He’s due in court again on March 29.

Modi had been staying in a high-dollar apartment in London’s West End, according to the newspaper.

Last year, The New York Times described Modi as being “on the run” and noted that figuring out his location had become something of a “national pastime” in India.

He remained at-large despite Interpol’s issuance of a reed notice for his arrest in July, according to The Telegraph.

Modi is at the center of a fraud case involving Punjab National Bank, where employees are “suspected to have steered fraudulent loans” to Modi’s businesses, Reuters has reported.

Modi has apparently been involved in a new new diamond business in the UK, according to The Telegraph.

Read more at The Telegraph

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This 13-Carat Pink Diamond Just Sold for $8.7M+

The sale represents a dollar-per-carat price of $656,933.

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Gem Diamonds Ltd. announced that a 13.33 carat pink diamond recovered at the Letšeng mine in February has been sold for $8.75 million.

The sale represents a dollar-per-carat price of $656,933.

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That’s a record for a Letšeng diamond, according to a press release from Gem. The company owns both the Letšeng diamond mine in Lesotho and the Ghaghoo mine in Botswana.

The diamond sold on tender in Antwerp. Gem did not reveal the identity of the buyer.

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Yahoo Finance reports that Gem mined about 127,000 carats of diamonds last year.

That amounts to under 1 percent of the worldwide total, making the company a relatively small player compared to industry titans such as Alrosa and De Beers.

 

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Jeweler Pummels Would-Be Robber with Martial Arts — Watch the Video

The 74-year-old store owner used Israeli Krav Maga.

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A 74-year-old jeweler in Hollywood, FL, used Krav Maga, an Israeli martial arts style, to fight off a would-be robber.

Daniel Stetton, owner of DHS Oakwood Jewelers, said the man had bought a gold chain months ago, the Sun-Sentinel reports. Stetton offered to fix it, but the man wanted a replacement.

Stetton refused, and the man went behind the counter to grab a new chain himself.

Stetton confronted him, employing some of the Krav Maga he learned while serving in the Israeli Army decades ago.

The incident was captured on surveillance video.

He said he had no choice but to protect his business.

“I didn’t expect I would have to use it one day,” the Sun-Sentinel quoted him saying. “But, what are you going to do?”

Stetton’s wife joined the fray, swinging a yardstick at the culprit.

The man, looking dazed, grabbed his broken chain and left the store.

Police are looking for the suspect.

Read more at the Sun-Sentinel

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