This weekend an elderly Thai man showed 2 very large African diamonds, worth almost Bt500 million, to two well-turned out men who ripped him off for his gems and fled on a motorcycle. Police are investigating the crime which occurred in Bangkok at a small four-story building owned by a female diamond broker.

A Dubai businessman expressed interest in the uncut stones purchased 15 years ago for 500,000 baht each. This man agreed to the price and scheduled a day for giving a 30% deposit, however two days earlier than the appointment the two mystery men arrived purporting to be agents of the Dubai businessman. Seeing a bank book with 100 million baht the woman agent arranged a meeting. The woman agent went upstaitrs to show the diamond, while the aged owner waited with the second man. The first man said he couldn’t see the diamond good enough in the dimly-lit second floor and came down to the first floor.

A motorcyclist appeared and the two men vanished with the smaller of the two diamonds.

The police are less than satisfied with the woman agent’s accounting of the theft and the best one is that these stones are hideously over-priced in the first place. Diamond appreciate at best 15% per year.

500,000 baht would accrue value up to 2,500,000 baht not 500,000,000.

Who suggested this man go see the woman agent?

I bet it was the daughter.

Oh, the web is so tangled.

I see a series of arrests leading to the announcement that the stone has disappeared for good.

Unless of course the police are lucky and Thai police definitely count on luck for their investigations.

The luck of a dark room and a single light bulb.

“You can talk or else.”

And believe me you don’t want to find out what ‘or else’ is.

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