Diamond, Million | featured news

Investigators in three countries continued unraveling the plot behind a brazen $50 million diamond robbery in Belgium in February.

Robbers dressed as police and armed with machine guns have stolen 120 parcels of diamonds worth millions of dollars from the runway of Brussels Airport in one of the biggest heists the industry has seen.

Christie's auctioned off the Archduke Joseph Diamond for nearly $21.5 million Tuesday night, a world auction record price per carat for a colorless diamond. The Archduke Joseph Diamond was the first of two out-of-this world diamonds being auctioned off this week in Geneva. Sotheby's on Wednesday will auction what it calls an exceptionally rare fancy deep blue briolette diamond of 10.48 carats expected to get up to $4.5 million.

Los Angeles police said Friday they were looking for a gang of thieves who stole an estimated $2 million in diamonds in a backpack from a man whose car they intentionally struck.