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De Beers Scam

Did you know that diamonds are not as rare as they may seem? In fact, the scarcity of diamonds is artificially created by one company – De Beers. De Beers is a diamond mining and trading company that has been accused of running one of the biggest scams in the history of the diamond industry. […]

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Marketing and Advertising

De Beers Scam

Diamonds are often associated with love, luxury, and everlasting beauty; however, there lies a dark and deceitful underbelly within the diamond industry. One of the most notorious scams in this sector is the De Beers scam, which has been causing havoc for decades. Here, we provide a concise history of the De Beers scam, highlighting […]

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Marketing and Advertising

De Beers Scam

One of the most notorious diamond-related scandals in history is the De Beers Scam, which revolves around the manipulation of diamond prices and control over the global diamond market. De Beers, a company formed in the late 19th century, utilized cunning tactics to establish a monopoly in the diamond industry and maintain control over the […]