Monthly Archives: April 2016
In the deep south of Dallas Texas there is an interesting lawsuit going on. David Blank Diamond Doctor is the official jeweler of the Dallas Cowboys. They sell loose diamonds and designer brands of jewelry. The jewelry on the website goes from a few thousand dollars all the way up to hundreds of thousands of dollars. They claim to offer the best prices on jewelry at wholesale prices.
Recently, however, David Blank Diamond fraud scandal is what he has become known as. There is a lawsuit going on claiming that he has sold people diamonds for a lot more than they are actually worth. This is known as diamond overgrading. The lawsuit is claiming that it is intentional overgrading. That means he knew it was over graded and not done in error.
This would mean that one characteristic of the diamond is being said to be a higher quality than it actually is. The 4 characteristics that a diamond is graded on are cut, color, clarity and carats. There are grading houses in other countries that were issuing certificates that overstated one of the 4 of these qualities. One of them was known as the EGL-International which is now non-existent. The only legitimate place to get a certificate is the GIA. If it is from anywhere else, you should be suspicious and get it appraised again somewhere else.
There are customers all over the Internet who are claiming they bought jewelry from David Blank only to have it appraised somewhere else and it be worth much less. This was devastating and a multiple person lawsuit came out of this happening. The newest information to come into light is David Blank Diamond Doctor owner tries to bribe law firm. The tape that was released to the Internet is of David Blank speaking to a lawyer he is trying to hire.
In the tape you can hear a conversation that lasts a little under two minutes. At first David asked if he could represent him in future matters. The lawyer says no and then the word absolutely twice. Blank then says the horse is out of the barn and he wanted to call and see if he could get a global settlement to protect himself against future claims. The statement about a horses being out of the barn means information has already come out or will be shortly.
The next thing on the tape is the lawyer is offered millions to hide diamond doctor lawsuit. 2.5 million dollars is the exact amount. The lawyer offered millions to hide Diamond Doctor lawsuit then tells him no to this as well. He says it is not something he is able to do and that neither of them is obliged to any agreement. The Diamond Doctor then tries again to say he would give him payments over eight years that would add up to 2 1/2 million.
The lawyer then says the deal is that he doesn’t want to do it for him because he doesn’t know him. The end of the conversation is a bit chilling because David Blank Diamond Doctor owner says that although he appreciates his candidness and wishes he would think about it, it is not a negotiation. However, that this conversation took place in the first place adds an interesting component to the Diamond Doctor lawsuit and raises questions about the ethics of the business owner.