THE RISE OF LAB-GROWN DIAMONDS POSES A THREAT OF FRAUD TO THE TRADERS AND CONSUMERS OF NATURAL DIAMONDS – JOSEPH KUZI’S EFFORTS TO COUNTER THE RISING THREAT

Technology has become a major driving force in the world. Starting from the rise of e-businesses to research over the possibility of soft robotics, technology is revamping the way the world functions. A life full of convenience, ease, and peace of mind are all outcomes of technological advancements. Where on one hand, technology is saving the day and making the lives of people simpler, on the other hand, it is exposing the world to severe dangers. Rise of cybercrimes, reduced demand for manual labor, negative exposure, are some of the ways technology is negatively affecting the lives of people around the globe.

One industry that has come under excessive stress due to the advancement of machinery and techniques is the Natural Diamonds Industry. The advancement in technology is giving rise to the production of lab-grown, LG. The CEO of Diamond Services, Joseph Kruzi, has identified the threat of fraud, which can create havoc in the industry, potentially putting the consumers of natural diamonds at a great loss. The threat is real, and it is high time for the industry to take strict precautions.

In addition to founding Diamonds Services, Kuzi previously served as an Executive Vice President of the Panama Diamond Exchange, CEO EGL Asia, and a member of the Asian Institute of Gemological Sciences (AIGS) advisory board. The Israeli born, diamond-industry expert, is making praise-worthy contributions in countering the rising threat of lab-grown diamonds using the skills he learned while working at the Israeli high-tech business before joining the diamond industry.

Rise of Lab-Grown Might Put the consumers of Natural Diamonds at Loss

LG diamonds are not a new phenomenon, but the topic never makes a headline. People do not think it is a serious problem, or it could, in any way, intervene in their business. People who want to invest in natural diamonds will keep on doing that, and one who wants a LG diamond also has options as long as both are properly disclosed. However, it is not as simple as it may seem. The matter of undisclosed LG is getting serious with every passing day. The use of advanced machinery in LG diamond production makes it a challenge to detect whether a gem is lab-grown or natural.

Joseph Kuzi first identified the problem in the year 2011 when he was studying lab-grown. It was at its initial stage, and LG were easily detectable through fluorescence or phosphorescence. It was a detection technique for identifying high-pressure high-temperature (HPHT) diamonds. Today, the world is dealing with both HPHT and chemical vapor deposition (CVD) diamonds growth; thus, the traditional detection technique of using fluorescence only is not accurate enough.

Diamonds Undergone Irradiation

Diamond Services, a Hong-Kong based developer of technological systems and services for detecting LG, imitation and treated diamonds, was founded in the year 2012 by Joseph Kuzi. The company was established to help jewelry and gemstones traders identify LG diamonds. A research was conducted by the company over lab-grown diamonds, and the results showed that a diamond that has undergone irradiation might escape detection. The research stated, “once an HPHT-grown diamond has been subject to irradiation, the diamond no longer will phosphoresce at room temperatures, meaning that it is unlikely to be screened out by many of the popularly used detection devices available today in the industry.”

Kuzi and his team worked on developing a testing procedure and technique, which examines diamonds at the temperature of liquid nitrogen. Irrespective of whether the diamonds have been subject to irradiation. In addition to this, Raman spectroscopy is another efficient way to detect such diamonds.

Chemical Vapor Deposition (CVD) Diamonds

The most popular growth of diamonds is by the HPHT technique, and most of the industrial diamonds are being produced this way. CVD growth is a more modern one and imposes another layer of difficulty in detection.

The New York City branch of Diamonds Services was able to identify small single-cut diamonds (0.005ct) in a piece of jewelry. After this incident, the CEO and managing director of the company, Kuzi, stated, “this means is that almost no diamond can be taken at face value.” Most probably, this small diamond came from the waste of factories producing diamond plates.

The company launched another LG-detection machine, “Diamond Natural Device,” or DND in the year 2019. The apparatus offers a much higher degree of accuracy in comparison to all traditional and dated procedures of LG detection. The apparatus can only be used in a laboratory setting, which is why it does not sell the equipment, rather offers it as a service. The machine is efficient and can detect lab-grown diamonds with no limitation on size, shape, or whether it’s testing rough, polished, or mounted jewelry. The company currently has six working stations that offer quick and efficient results.

The producers of LG diamonds have become sophisticated with the advancement in technology. There are a plethora of factors that detectors have to look for, which is why using technology to defeat technology is the wisest approach. The trade of real diamonds is under a serious threat, which is why traders have to test all their stock. It is important to understand that random checks and sampling is not sufficient to identify LG. DND by Diamonds Services is the smartest way to counter the rising threat that LG production poses to the natural diamond industry.

The company is helping the diamond traders as well as consumers to stay safe from fraud potential under the supervision of Joseph Kuzi. Moreover, it was a recipient of the prestigious  Jewelry News Asia (JNA) Award’s – Industry Innovation of the Year both in 2014 and 2019.

About RJ Frometa

Head Honcho, Editor in Chief and writer here on VENTS. I don't like walking on the beach, but I love playing the guitar and geeking out about music. I am also a movie maniac and 6 hours sleeper.

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