The G Manifesto

Motorcycle Gang Heist £2m in Diamonds

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A motorcycle gang grabbed £2 million of jewels from an exclusive London store in just 39 seconds in a raid captured in dramatic detail on CCTV.

Six robbers on three motorcycles roared up the pavement to Mozafarian jewellers opposite Harrods in Knightsbridge.

One of the robbers smashed open the glass door with a sledgehammer before the gang, all wearing crash helmets, stormed in and smashed open display cabinets.

The haul of gems included a £500,000 diamond necklace. However, the robbers were unable to break their way into one display case containing further £3 million of gems.

Pouya Nikomagham, a sales assistant at Mozafarian, said that the highly organised gang members did not say a word as they raided the store.

“They were very professional, they knew what they were doing and where to go,” said Mr Nikomagham.

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There have been 70 or so heists this year in London.

Like Snoop Dogg once said: “London, is live, Yo!”

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Thanks to Entropy for tipping on this.

The Rest is Up to You…

Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com

Santigold – Lights Out

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Paris Jewel Heist for $8Million

Jewellery worth more than 6m euros (£5m, $8m) has been stolen from an exclusive Paris store in broad daylight by a lone gunman, police sources say.

Dressed in a custom suit and fedora, the man entered Chopard on Place Vendome and reportedly made staff hand over 15 pieces of jewellery at gunpoint.

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The mid-afternoon hold-up lasted two minutes, after which the robber, said to be in his 50s, calmly walked out.

Chopard jewellery is worn by stars at the Oscars and Cannes film festival.

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Place Vendome is an elegant old square known for its luxury hotels, and is also home to numerous jewellery stores as well as the French justice ministry.

In December, armed robbers stole jewels worth at least 80m euros ($102m) from a store near the French capital’s famous Champs-Elysees avenue.

As many as four robbers, two disguised as women, raided the Harry Winston’s store and stole nearly all its valuables.

‘Like any other customer’

The Vendome robber struck just before 1500 (1300 GMT) on Saturday, at a time when, in good weather, the square is usually full of strollers.

“According to the first set of information we received, it was a man in his 50s, dressed in a chic costume and wearing a Borsalino [fedora] hat,” Olivier Lebon, a police union representative, told Reuters news agency.

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“He came in like any other customer, pointed his gun at employees and asked for about 15 pieces.”

It was not immediately known if the robber had an accomplice waiting for him outside the store.

A sales assistant working in an adjacent jeweller’s store told AFP news agency she had heard and seen nothing. “We were working,” she added.

Late on Saturday afternoon, the store at No 1 Place Vendome stood closed behind iron shutters, an AFP correspondent reports.

Only some leather handbags could be seen in the window, and no trace of a robbery could be seen from the outside.

The French capital was basking in sunshine on Saturday, with temperatures rising to a summery 23C, AFP reports.

At least some of the capital’s beau monde would have been attending the French Open, one of the tennis world’s most prestigious events, at the city’s Roland Garros stadium.

Among Chopard’s commissions is the Golden Palm awarded at the Cannes festival.

Founded in 1860, the firm has branches in major cities across the world.

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The Rest is Up to You…

Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com

Yelle – Je Veux Te Voir

Blue Diamond sells for Highest Per Carat Price Ever

“The Game abuse it, its pain in music
But this year, wrist wear remains the Bluest” – Cam’ron

A flawless vivid blue diamond weighing 7.03 carats sold on Tuesday for a record 10.5 million Swiss francs (6.2 million pounds), the highest price paid per carat for any gemstone at auction, Sotheby’s said.

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The rectangular-shaped blue stone, the rarest to enter the international market this year, went to an anonymous buyer bidding by telephone after hectic bidding see-sawed between two callers for 15 minutes.

It was the centrepiece of its semi-annual sale in Geneva, conducted by David Bennett, chairman of Sotheby’s jewellery department in Europe and the Middle East, who said the results showed the market’s resilience despite the economic downturn.

“This is already a new world record price for a fancy vivid blue diamond and a new world record per carat for any gemstone (at auction),” Bennett told reporters.

“It is fantastic in this market and shows that these rare things are very much in demand,” he said.

The final price includes a commission paid by the buyer to the auction house. The stone sets a record price per carat for any gemstone sold at auction of $1,349,752, (890, 275 pounds) Sotheby’s said.

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The previous record price for a fancy vivid blue diamond was $7.9 million, including commission, for a stone weighing 6.04 carats at sale in Hong Kong in October 2007, also by Sotheby’s.

The new owner will have the right to name the stone, which is mounted in a platinum ring. The pre-sale catalogue estimate was 6.8 million to 10 million francs, excluding commission. The hammer price excluding commission was 9.3 million francs.

It was put up for sale by London-listed Petra Diamonds, which extracted it last year from the historic Cullinan mine in South Africa, the world’s most regular supplier of blue diamonds of size and quality. Blue are the rarest of the diamond family after reds.

“To have a stone mined last year and cut the early part of this year so it is absolutely virgin coming straight from the mine has never happened before,” Bennett said. “This is one of the extremely rare substances in our universe.”

The sale fetched a total of 39.5 million swiss francs for 266 lots which found new owners, while another 80 pieces were stranded on the block.

“In this general economic environment to see $35 million worth sold in a session shows a lot about the resilience of fine jewels no matter what the climate,” Bennett said.

Fresh stones to the market, including coloured diamonds, fetched good prices, the Briton said.

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Someone must had cheated on his wife.

Need to find out where this thing is going.

Click Here for Glitter & Greed: The Secret World of the Diamond Cartel

Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com

Empire of the Sun – Walking on a Dream

Walking On A Dream – Empire Of The Sun

Empire of the Sun – We Are The People

Russia Hoarding Diamonds as Investment

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The global recession sapped demand for all kinds of commodities — like steel and grain — yet small burlap bags are still arriving by the planeload at Russia’s state-owned diamond company.

Each day, the contents of the bags spill into the stainless steel hoppers of the receiving room. The diamonds are washed and sorted by size, clarity, shape and quality; then, rather than being sent to be sold around the world, they are wrapped in paper and whisked away to a vault — about three million carats worth of gems every month.

Click Here for Glitter & Greed: The Secret World of the Diamond Cartel

Russia quietly passed a milestone this year: surpassing De Beers as the world’s largest diamond producer. But the global market for diamonds is so dismal that the Alrosa diamond company, 90 percent owned by the Russian government, has not sold a rough stone on the open market since December, and has stockpiled them instead.

As a result, Russia has become the arbiter of global diamond prices. Its decisions on production and sales will determine the value of diamonds on rings and in jewelry stores for years to come, in one of the most surprising consequences of this recession.

Largely because of the jewelry bear market, De Beers’s fortunes have sunk. Short of cash, the company had to raise $800 million from stockholders in just the last six months.

The recession also coincided with a settlement with European Union antitrust authorities that ended a longtime De Beers policy of stockpiling diamonds, in cooperation with Alrosa, to keep prices up.

Though it is a major commodity producer, Russia has traditionally not embraced policies that artificially keep prices up. In oil, for example, Russia benefits from the oil cartel’s cuts in production, but does not participate in them.

Diamonds are an exception. “If you don’t support the price,” Andrei V. Polyakov, a spokesman for Alrosa, said, “a diamond becomes a mere piece of carbon.”

How the buy-in price for the stones will be set, and how the company will determine when the price goes up and down, is unclear, Mr. Malinin said.

“We have to tell people that diamonds are valuable,” he said. “We are trying to maintain the price, just as De Beers did, as all diamond producing countries do. But what we are doing is selling an illusion,” meaning a product with no utility and a price that depends on the continued sense of scarcity where there is none.

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The Rest is Up to You…

Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com

Cam’ron-Do ya Thing

Pink Panther Jewel Thief Crew

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Police in Cyprus have arrested a man on an Interpol wanted list suspected of belonging to the “Pink Panther” jewel thief gang, blamed for a string of audacious heists worldwide.

Rifat Hadziahmetovic, from Montenegro, was arrested on March 18 as he attempted to depart the east Mediterranean island on a forged Bulgarian passport, Cyprus police said.

A local magistrates’ court on Friday remanded the suspect in custody until March 31, when a hearing will start for his extradition to Spain, police spokesman Christos Andreou said.

“He was initially detained on suspicion of possession of forged documents, but further inquiries revealed he was wanted by Interpol for being a suspected part of the Pink Panther gang,” Andreou said.

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He was also identified by a leg tattoo, he told Reuters.

The Pink Panthers are believed to have staged some 120 attacks on luxury stores in around 20 countries, since their first robbery in London’s exclusive Mayfair district in 2003.

They pulled off one of their most spectacular heists last December, when they walked away with up to 85 million euros ($114 million) worth of goods after entering the Harry Winston jewellers in central Paris disguised as women.

Global police agency Interpol said fingerprint checks positively identified Hadziahmetovic, 41, wanted for armed robberies across the world, including in Bahrain, Japan, Spain and the United Arab Emirates.

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The Pink Panther nickname refers to the debonair gentleman diamond robber from the 1960s film. Interpol believes the group may have up to 200 members, many with military experience.

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The Rest is Up to You…

Michael Porfirio Mason
AKA The Peoples Champ
AKA GFK, Jr.
AKA The Sly, Slick and the Wicked
AKA The Voodoo Child
The Guide to Getting More out of Life
http://www.thegmanifesto.com

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