Mehul Choksi’s Samuels Jewelers shuts down on 112 US stores Fugitive diamond merchant Mehul Choksi has downed the shutters on 112 stores of Samuels, his high-profile jewellery chain in the US. All the stores of the 112-chain were closed following a court order at Delaware, US. A US bankruptcy court has also alleged that Samuel Jewellers, along with its subsidiary, Voyager Brands, may have sold low-cost lab-grown diamonds to customers by wrongly certifying them as natural stones. The proceeds were then laundered to Virgin Islands. Choksi, who currently lives in the Carribean Islands and is evading Indian investigators, had […]

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