Jewelry & Luxury News: Scandals, Seizures, and Sparkles!

| Esther Ligthart | News & Stories

Stay ahead in the world of jewelry and luxury with the latest industry insights! From multimillion-dollar fraud cases and counterfeit jewelry busts to breathtaking high jewelry collections, this roundup covers the most intriguing headlines. Whether you're a jewelry professional, collector, or simply fascinated by the glamorous (and sometimes scandalous) side of the industry, we've got you covered.

If there’s one thing we love about the jewelry world, it’s that it never sleeps. Whether it’s a shocking fraud case, a multimillion-dollar counterfeit haul, or dazzling high jewelry-making history, there’s always something happening. So, grab a coffee (or a glass of Champagne; we don’t judge), and let’s dive into some of the most intriguing headlines that recently caught our eye!

 

1. Diamonds, Deception & Duty Evasion – Oh My!

In a real-life crime thriller, Monishkumar Kirankumar Doshi Shah, also known as Monish Doshi Shah, has been sentenced to 30 months in prison for orchestrating a multimillion-dollar international trade fraud scheme. According to a statement from Homeland Security Investigations (HSI) Newark, Shah evaded customs duties on $13.5 million worth of jewelry imports from Turkey and India by rerouting them through South Korea with altered labels. And that’s not all! Shah also ran an unlicensed money-transmitting business, moving over $10.3 million through secret transactions. The court has now ordered him to pay $742,500 in restitution and forfeit over $11 million. What is the moral of the story? If you’re moving millions in jewelry, maybe don’t try to trick U.S. Customs. (Source: HSI Newark) and:justice.gov/usao-nj/pr/india-and-new-jersey-based-jeweler-sentenced-30-months-incarceration-multimillion-dollar

2. $27M of Counterfeit Bling Seized in Kentucky

Fake it ‘til you… get caught? U.S. Customs and Border Protection (CBP) officers in Louisville, Kentucky, recently seized 28 shipments of counterfeit designer jewelry, watches, rings, necklaces, and bracelets worth a whopping $27.5 million (had they been real). The shipments, mainly from China and Hong Kong, were flagged as part of CBP’s ongoing crackdown on intellectual property rights (IPR) violations. Their advice to consumers? If the deal looks too good to be true, it probably is. And always buy from authorized retailers unless you want your ‘Cartier’ bracelet to turn green. (Source: INSTORE Staff)

3. LVMH & Kering: When Luxury Giants Trim the Fat

The world’s top luxury conglomerates are making some big moves. Kering has sold off its entire ownership of The Mall Luxury Outlets to Simon, the shopping empire, for €350 million ($361 million). Meanwhile, LVMH is stepping back from Stella McCartney’s brand, letting her go solo again, and has also sold its majority stake in Off-White. Why the shuffle? Luxury demand is cooling, and brands are tightening their belts to focus on their strongest assets. It looks like even the most glamorous names have Marie Kondo in their portfolios once in a while. (Source: Jing Daily) more also on my LinkedIn Post

4. Grammy Glam: Alicia Keys Wears Sardinian Filigree

Singer, songwriter, and queen of effortlessly cool style, Alicia Keys, stunned at the 2025 Grammy Awards wearing Sardinian filigree jewelry by Dolce & Gabbana. The intricate gold pieces, rooted in traditional Sardinian craftsmanship, have been making a quiet but powerful comeback in the world of high fashion. If there was ever a reason to explore the world of regional jewelry techniques, Alicia just gave us one. (Source: Alicia Keys' Instagram)

5. Louis Vuitton’s High Jewelry Takes a Time Machine to the 19th Century

If history and high jewelry had a baby, it would be Louis Vuitton’s latest collection: Awakened Hands, Awakened Minds. Inspired by the scientific advances and industrial revolution of the 19th century, this stunning collection includes everything from a platinum and yellow sapphire Vision necklace (with a 50.01-carat centerpiece!) to a men’s capsule featuring pocket watches, compasses, and brooches. Who knew industrialization could look so glamorous? And that’s your dose of jewelry news, where crime, couture, and counterfeit scandals collide most dazzlingly. Whether it’s million-dollar frauds, historic jewelry craftsmanship, or luxury brands reshuffling their strategies, the industry remains as intriguing as ever. What caught your attention the most? Drop your thoughts in the comments!

(Disclaimer: All news has been sourced and credited from the original reports by HSI Newark, INSTORE Magazine, Jing Daily, Alicia Keys’ Instagram, and L’Officiel Singapore.)

 

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