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Diamonds by Jacob owner accused of selling fake diamonds

A Howell, NJ businessman, already charged with securities fraud, is now accused of selling fake diamonds, police said Tuesday.

Brian D. Winters, 33, advertised real diamonds on the Internet but sent to customers in nine states and three countries cubic zirconia or nothing at all, said Richard Bush, information officer for Berkeley police. Cubic zirconia is a synthetic substance used as an inexpensive diamond substitute.

Winters' company, Diamonds by Jacob, is at 527 Vanderbilt Ave. in the Bayville section of Berkeley, Bush said.

So far, police have identified 15 victims who were sold a total of approximately $20,000 in jewelry, Bush said. None of them is local, Bush said.

"But we expect a lot more to come, from looking at his records," he said.

Bush said Berkeley police received a complaint from the police in Roseville, Minn., where a 27-year-old woman who had bought a ring for $5,000 from Winters' company realized it was fake.

On Friday, after a three-week investigation, the Berkeley detective bureau executed a search warrant at Winters' home on Colts Neck Road in Howell, Bush said.

Bush said police seized Winters' computers and records for Diamonds By Jacob. Police also recovered cubic zirconia and phony gemologist reports, he said.

Read the rest of the story at http://www.app.com/apps/pbcs.dll/article?AID=/20050608/NEWS02/506080439/1070

Comments

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jack

This guy ,Brian Winters is a real scam artist. He is in trouble with the FBI and the State ATTy in NEW Jersey for selling bogus stocks and the State took 2 years to do anything about .Winters scam 300 people out of $4.8 Millon , And he is still walking around . Anyone with ionfomation about this guy should call the BOS in Newark NJ

Nicholas

I bought a diamond from this guy, it was a fake. I emailed all the other buyers and informed them to have theres checked out too. Turns out I was not the only one he tried to scam. I hope his dosen't get away with this like he did on the securities fraud case.

Lisa

I am the one from Minnesota mentioned in this article and would really appreciate it if anyone who has information on this man would please get in touch with me or the Berkeley Township police department. Please call detective Robotazzi at 732-441-6600 if you have any information. Thank you. Lisa

Nicole

The phone number for Detective Robertazzi is 732-341-6600. FYI. Any info, call.

Jack

Lisa, I am sorry that you were scamed by Brian. My wife and I were taken for a 100g's . The sad part of this is the State of NJ knew about him in 2002 and did not do anything about it til 2004.

Tiffany Jones

I, too, have fake earrings bought from this man. I received them as a gift from my mother, and never suspected anything until we found the article last night. Today, I brought the earrings to the jeweler who confirmed they were CZ's. What can be done about this? What are the police doing for you Lisa in Minnesota? Thanks.

Steve

Any information on investors getting their money back?

Angela

I have a pair of earings that my exhusband gave me as a gift in 2005. This week I took them to a trusted jeweler in Alexandria, VA to have them re-mounted in a different setting. When I picked them up yesterday to my dismay the jeweler told me that they are fake/man made stones. I have the Hearts & Arrows Diamonds Life Time Guarantee, that includes the certification # of each stone,
Each stone cost of $2,999.99. Gives the quality as G/VS1. I also have the appraisal by Jacobs in NJ with state ID #:0400070607. I am furious and want to know those of you in a similar situation, what can be done. Thanks.
Posted by Angela August 3, 2017

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Denny's Response
You mentioned you have the certification numbers. Are the stones GIA graded? Are they laser inscribed? Do the certifications say they are diamonds as opposed to diamond simulants?

When I see the term "trusted jeweler" I always wonder how people determine if they can know if they can trust a jeweler. Just because a jeweler has been in business many years does not mean they tell the truth.

The main questions are whether you are sure the stones match the certification you have. If not, when were they switched. How long did the jeweler have them before they notified you that the stones were not real?

If the stones were not diamonds to begin with, you do not have much recourse because the "buyer beware" aspect of the law probably holds. The retailer selling you the stones in 2005 would no doubt say they stones have been switched between the time they sold them and when you discovered they are not real.

Have you taken the stones to an independent appraiser to confirm they are not diamonds? That should take just a few minutes.

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