Diamonds are an extremely valuable commodity. While they perform little in function aside from adornment, evidence suggests that diamonds are increasingly being acquired by criminals to facilitate criminal activity. Diamonds are of interest to criminals at all levels, and are used in scams, misrepresentations, thefts, frauds, drug trade, smuggling, money laundering, and other illegal activities.
Criminal Use of Diamonds examines the history, processes, security issues, and exploit opportunities associated with diamonds. This course also provides details about money laundering, the international Kimberly Process which controls the movement, sale and/or trade of blood/conflict diamonds, and the factors that affect the appeal of diamonds to criminals.
When you have completed this course you will be able to:
- Recall the history of diamonds
- Recall the different methods that rough diamond is mined and how it is graded
- Recall how finished diamonds are graded and valued
- Recall the definition of a tainted diamond and explain the rationale behind the Kimberly Process
- Recall the components of the jewellery cycle and where criminal activity can interfere in this process
- Recall the different methods by which criminals acquire diamonds and the criminal uses of diamonds in Canada
- Recall how diamonds are used as currency in criminal activities
- Recall how diamonds are used in money laundering activities