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Lab-Grown Diamond Company Acquired

Adamas One is buying Scio.

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Lab-grown diamond producer Scio Diamond announced that its assets are being acquired by Adamas One Corp.

In the deal, Adamas One will pay off Greenville, SC-based Scio’s secured debt, totaling $3.3 million, in the 18 months following closing, according to a filing with the U.S. Securities and Exchange Commission.

Waiter Donates $200 to Jeweler’s Fundraiser, Wins Billionaire’s Heart, Gets Dream Job
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Waiter Donates $200 to Jeweler’s Fundraiser, Wins Billionaire’s Heart, Gets Dream Job

Video: This Saleswoman Remade Her Job … And Something Amazing Happened
Jimmy Degroot

Video: This Saleswoman Remade Her Job … And Something Amazing Happened

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Video: An Instagram ‘Influencer’ Came to My Jewelry Store … And It Did Not Go Well

Nevada-based Adamas will also issue 350,000 shares of its common stock to Scio to settle Scio’s unsecured debt of $3 million.

And it will provide 900,000 shares to be distributed to shareholders upon liquidation of Scio.

Completion of the deal is subject to various condition, including approval by Adamas shareholders.

Scio was previously known as Apollo Diamond Corp.

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IDEX Online notes that Scio produces its diamonds via the chemical vapor deposition (CVD) method.

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Jeweler Accused of Stealing from Customers

He was arrested May 30.

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A jeweler in Lawrenceville, GA, has been charged with theft, the Atlanta Journal-Constitution reports.

Timothy New, owner of The Bench Jewelers, is accused of shortchanging some customers who left their jewelry with him for consignment. He also allegedly failed to complete custom design jobs that he promised, and failed to return the money.

New, 55, has been charged with theft by conversion and theft by taking.

He was arrested May 30, according to the Journal-Constitution.

The business has been closed.

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“Detectives have served several search warrants, which yielded the recovery of a large amount of jewelry,” Lawrenceville police Lt. Jake Parker said in a press release. “We are seeking help and looking to return the jewelry to the confirmed owners, as well as identify additional victims.”

Read more at the Atlanta Journal-Constitution

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Woman Indicted in Jeweler’s Stabbing Death

She’s accused of second-degree murder.

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A Tennessee woman has been indicted in connection with the stabbing death of 62-year-old jeweler Patrick Murphy in a New Orleans hotel room.

Magen Hall, 25, was charged with armed robbery and obstruction of justice and with the second-degree murder of Murphy in the three-count indictment handed up by an Orleans Parish grand jury.

The defendant’s name also is spelled Megan Hall in some court records.

Murphy was the owner of Murphy Jewelers, which has three stores in eastern Pennsylvania.
A housekeeper discovered Murphy’s body at 11:41 a.m. inside a room registered to Hall at the Empress Hotel at 1317 Ursulines Ave. New Orleans police homicide detective Patrick Guidry testified at a preliminary hearing in March that Murphy had been killed by three stab wounds — one to his neck and two to his abdomen.

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Hall has remained jailed since her March 3 arrest, in lieu of a $750,000 bond set for the murder allegation.

Hall faces a mandatory lifetime prison sentence if convicted of the murder charge, according to a press release from District Attorney Leon Cannizzaro’s office. An armed robbery conviction carries a penalty of 10 to 99 years in state prison, while obstruction of justice in a homicide investigation is punishable by up to 40 years.

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Waiter Donates $200 to Jeweler’s Fundraiser, Wins Billionaire’s Heart, Gets Dream Job

The event raised $450,000 in all.

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At a catwalk held by family-owned jeweler Le Vian on June 2 in Las Vegas, a billionaire and a waiter became the unexpected stars of the show.

At the company’s 20th anniversary Chocolate Diamonds catwalk fundraiser, Le Vian CEO Eddie LeVian announced that his company would be matching donations for children’s and cancer charities up to $175,000. One donor pledged the full $175,000.

LeVian then invited other smaller donations which came from the floor, with each donor being gifted a balloon and a rose as a thank you.

A waiter, whom the Daily Mail identified as Diego Mario Galietti, suddenly took the roving microphone. Through tears, he explained that he was a single dad and pledged $200 in honor of his father, Luis DaSilva, who had died of cancer at age 55, and in honor of his daughter, who is 7. The 500-strong audience erupted into a standing ovation.

The total raised for charities on the night was $450,000, with Le Vian and a billionaire donor ultimately both raising their donations to $200,000 each.

The billionaire top donor has now offered the waiter a job in his property company. The billionaire donor himself was orphaned at a young age and built himself up from troubled beginnings to become a plumber, a builder and now a property mogul in the U.S. market.

Charities supported by the fundraiser were Jewelers for Children, St. Jude’s Children’s Research Hospital and the Rafa Foundation.

Watch the video:

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