Total money lost $139,000
Type of a scam Investment
Was approached by Mark Risman as he was gathering a large coloured diamond portfolio to sell to a pension fund.
After offering an amount for my diamonds we entered into an agreement.
I had to pay a bond and insurance of 6% of total worth of purchase. The inland revenue taxes for China started at 9.75% but crept up to 31% over time. Then I’m informed that the worth of my portfolio has increased and the whole thing starts over.
I was desperate for an exit strategy from the debacle that the coloured diamond industry is. They got me for $139,000.00. I have not heard from them in weeks and they no longer take calls.
I will never see the money again but if this helps someone else then it’s worth it.
Dale Harrison and Mark Risman have perpetuated this scam earlier this year under the name JWA diamonds.
See Ripoff report.