Tag: scandal?

The De Beers Scandal is a highly controversial and well-known issue in the diamond industry. Dating back to the late 1800s, De Beers Consolidated Mines Ltd. has long been the dominant force in the diamond market. Originally founded by Cecil Rhodes, a British businessman and politician, De Beers has had a lasting impact on the […]

The De Beers scandal, which rocked the diamond industry, is a gripping tale of greed, manipulation, and monopoly power. Dating back to the late 1800s, De Beers Consolidated Mines, Ltd. emerged as a dominant force in diamond mining, controlling the majority of the world’s diamond trade. This South African company, founded by Cecil Rhodes, devised […]