United States Sues a Large Diamond
Saturday, May 29, 2010
The Taylor-Burton Diamond
The bizarreness of this story is best captured in the official title of the lawsuit: United States v. One Polished Diamond Weighing Approximately 68 Carats. Yes, the federal government is suing an inanimate object—granted a very expensive inanimate object. But there are plenty of people involved in this strange case who have not been named a defendant.
The diamond, found in South Africa in November 2008 was 143 carats uncut. is the same size as the cut one Richard Burton gave Elizabeth Taylor in 1969. It was supposed to be sold by Higgs Diamond Pty Ltd. to Dennis Van Kerrebroeck, owner of Belgo-Nevada Ltd. for $4 million. Kerrebroeck brought the “defendant” to the U.S. claiming he had the funds in escrow for the purchase. After it turned out the money was not in escrow, and that his agent, Jennifer Hunt, was a fictitious person, Kerrebroeck sold the diamond to a Fifth Avenue merchant, Taly Diamonds, for $1 million in September 2009. Taly then had the diamond cut and polished. At 68 carats, it is the same size as the one Richard Burton gave Elizabeth Taylor in 1969.
Federal agents then seized the diamond in March 2010. Exactly why the U.S. has not named anyone other than the diamond as a party to the lawsuit is unclear, but the diamond itself has been charged with entering the United States illegally.
-Noel Brinkerhoff
Feds Seize 68-Carat Diamond (by Adam Klasfeld, Courthouse News Service)
United States v. One Polished Diamond Weighing Approximately 68 Carats (U.S. District Court, Eastern New York) (pdf)
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