PodcastsJan 12, 2026
The latest poscasttest
CrimeJun 11, 2019
Alrosa Employee, 2 Others Arrested for Stealing Diamonds
They were arrested last week with their latest haul, a batch of rough diamonds worth more than $300,000, the company said.
Moscow—Law enforcement authorities in Russia have arrested an Alrosa employee and two other individuals for allegedly stealing and selling millions of dollars in rough diamonds from the mining company.
Alrosa confirmed in a statement that on Thursday, law enforcement authorities arrested one employee of the United Selling Organization, the arm of the company that sorts and grades rough diamonds, and her accomplices as they tried to make off with a batch of diamonds worth more than 22 million rubles (about $340,000).
It described the theft ring as a “large-scale scheme” involving “high-quality” rough diamonds that had been conducted on “an ongoing basis.”
The company did not release figures on the total value of the diamonds stolen, though Reuters reported that Russian police found about $3 million in stolen stones and more than $2.5 million in cash at the suspects’ homes. They also found finished jewelry and diamond-set watches.
A video shared by the Russian Investigative Committee shows the arrest of the employee and her accomplices as well as the diamonds, cash, jewelry and watches.
Alrosa said its security service participated in the investigation and that it will continue to conduct its own internal investigation into the theft ring.
“A few years ago, Alrosa proclaimed a course to eradicate corruption. The course will continue,” the company said.
Alrosa is the world’s largest diamond producer by volume and second only to De Beers by value. Last year, the company mined 36.7 million carats of diamonds, and its sales totaled more than $4 billion.
Editors' Picks
Sponsored by
More on Crime
The Latest
Weekly QuizOct 03, 2024
This Week’s QuizTest your jewelry news knowledge by answering these questions.
PodcastsJan 12, 2026
Introducing My Next Question, the PodcastA monthly podcast series for jewelry professionals
Brought to you by
Navigating Cybersecurity: Essential Guidance for JewelersFrom protecting customer data to safeguarding inventory records, it's crucial to learn how to tackle cybersecurity challenges.
PodcastsNov 27, 2025
Test Podcast With VideoTest Podcast With Video. New interview with Ada Lovelace.
PodcastsNov 25, 2025
Test New Podcast PostAbstract for tests. New Podcast interview with John Lennon, Jimi Hendrix and Jim Morison.
ColumnistsOct 09, 2024
Peter Smith: 7 Things to Know When Selling LuxuryAhead of the holiday season, Smith delves into the often subconscious reasons people buy luxury products for themselves or their loved ones.
AuctionsOct 09, 2024
Rolex Worn on Apollo 14 Mission Up for SaleThe GMT-Master “Pepsi” belonging to astronaut Edgar Mitchell is a standout in RR Auction’s online “Space Auction,” going on now.
MajorsOct 09, 2024
New Simon Campaign Invites Gen Z to ‘Meet Me At The Mall’The ads celebrate the mall culture of the ‘80s and ‘90s.
MajorsOct 09, 2024
PGI Launches New Virtual Sales TrainingRetail sales associates can access the video series on mobile to refresh their selling skills.
Policies & IssuesOct 09, 2024
GJNRF: Reaching Out, Rebuilding Futures For 25 years, India’s Gem & Jewellery National Relief Foundation has provided aid in the wake of war, natural disasters, and global crises.
AuctionsOct 08, 2024
Sotheby’s Selling Jewelry That Belonged to a Bulgarian TsarThe November auction will feature a collection of jewels owned by Ferdinand I, the first king of modern Bulgaria, and his family.
SourcingOct 08, 2024
Rio Tinto Begins New Phase of Production That Will Extend Diavik’s LifeCommercial production has begun underground at the Canadian diamond mine’s A21 pipe.
SurveysOct 08, 2024
What to Know About Online Shopping This Holiday SeasonDeloitte and Adobe Analytics shared their insights on the season, from the retail sales forecast to the role of generative AI.
CollectionsOct 08, 2024
Sylvie Adds New Men’s BandsThe Texas-based jeweler collaborated with luxury clothing brand Uncommon Man on men’s bands designed with European influences.
SourcingOct 08, 2024
Is Current Diamond Industry Turbulence Shaping a ‘New Normal’? Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.
SourcingOct 07, 2024
Rio Tinto to Offer 76 Diamonds in 2024 Beyond Rare Tender The sales event, in its second year, features a selection of rare diamonds from the miner’s Argyle and Diavik diamond mines.
CollectionsOct 07, 2024
Olympian Kristi Yamaguchi Partners With Heller Jewelers on New CollectionA portion of the proceeds from the “Always Dream” collection will go to Yamaguchi's foundation, supporting early childhood literacy.
