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Resource ID: #7407
Subject: Fraud
Source: WCNC-TV (Charlotte, N.C.)
Affiliation: 
Date: 1991-12-18

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Description

WCNC-TV (Charlotte, N.C.) reports that jewelers in the Charlotte area were selling diamonds at higher grades than what they actually were in order to cut competition; uses six gemologists to determine that of 40 diamonds from 12 area stores, 86 percent were overgraded, Dec. 17 - 18, 1991.

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