A Brooklyn jeweler was sent to the hospital yesterday after two men trying to sell fake gold to him pulled out a taser instead of their identification. Maybe they should have tried their luck on the scam that is Cash4Gold? more ›

A South African mining company, a diamond dealer/scam artist named Dennis Van Kerrebroeck and a giant 68-carat rock all play a role in a recent gem theft, officials supect. According to Immigration and Customs Enforcement agent Todd Hyman the stone made its way into city last September, transported by Van Kerrebroeck. He’d agreed to sell it to a Fifth Avenue jeweler, but the final price was just one third of what it was worth. The undersale made Feds suspect the stone was stolen, so they seized it from Taly Diamond on Thursday. Now they’re searching for the shady dealer. more ›

An elderly Manhattan diamond merchant with business and health problems shot and killed his 78-year-old wife in their bed yesterday, and then fatally shot himself in the chest, according to investigators. Police found the couple in their Fresh Meadows home after co-workers at Green Bros. Jewelers reported that Morris Green, 76, hadn't showed up at his Fifth Avenue office. The jeweler's business had been hit hard by the economic downturn, and he faced crushing medical bills after a recent heart surgery. But at least one person who knew Green refused to believe it was suicide. more ›

Stay classy, Scarsdale: In the same week that the Mad Mom roadside abandonment story made headlines, another Scarsdale mom is in the news for stealing an estimated $12 million in gold from the Queens jewelry manufacturer where she worked as a vault manager. And according to her own confession, she did it one piece at a time over the course of six years! 50-year-old Teresa Tambunting's gold-hoarding hobby went unnoticed until January, when auditors at Jacmel Jewelry's Long Island City headquarters reported losses over the normal 3% rate. more ›