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Only 175 of the 1,042 diamonds with a grading report that was invalidated by the Gemological Institute of America in the wake of the hacking incident have been returned to the lab for reexamination.
Four diamond traders accused of bribing a grader in exchange for higher color grades on reports will spend up to two-and-a-half years behind bars.
De Beers now is using its automated melee screener at its International Institute of Diamond Grading & Research facility in Surat, and plans to launch the service at the IIDGR lab in Antwerp next month.
Two former employees of Tata Consultancy Services are in custody and the GIA has made public the client accounts connected to the 1,042 diamonds whose grading reports were altered.
The Gemological Institute of America has invalidated grading reports for 1,042 diamonds after hackers gained access to its database and altered the reports.
Available online through Oct. 31, the scholarships are for the GIA’s Gemology and Jewelry Manufacturing Arts programs, courses and lab classes.
The brilliant-cut stone has a color grade of I and a clarity of VS2, the laboratory said this week.
In an effort to stay a step ahead of synthetic producers, the GIA plans to begin cultivating its own lab-grown diamonds at its research facility in New Jersey.
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