Welcome to ALTR
Despite Russian Diamond Ban, Some May Still Be Getting in the U.S.
With war still raging between Russia and Ukraine, consumers are becoming more aware of where their products come from. A ban on Russian diamonds began in February, but just like many things in life, there is always a loophole. Diamonds coming straight from Russia are banned, but that doesn’t mean some aren’t still coming in. “Diamonds that have a substantial transformation can be and are relabeled based on the location that the transformation happens,” said Amish Shah, president of ALTR Created Diamonds. “These diamonds that are brought in from Russia are cut and polished in India, so they lose their origin, and there is really a free-for-all in the United States.”Click to watch video.