“In January, jeweler Vihari Sheth was publicizing formerly http://sg.asiatatler.com/jewellery/power-rocks a ritzy new line of diamond-encrusted designs. Last week, she was arrested at Mumbai airport with nearly $400,000 of gold jewelry in her underwear and on her person. The 27-year-old has a store in Singapore and is married to a director of Mumbai-based Siyaram Silk Mills Ltd (SIYA), a suit maker that is a household name in the country. Her arrest offers a glimpse into how even the wealthy may be joining small jewelers and organized gangs to skirt new government taxes on bullion imports that have made gold about 9 percent more expensive in Indian stores.”
Diamond Jeweler Turns Alleged Smuggler as India Gold Prices Rise
- Post author:The Freedom Watch Staff
- Post published:August 8, 2013
- Post category:Network Archives
Tags: Asia, Bankocracy, CLibertyC, constitutional liberty coalition, Drugs & Prohibitions, economic Trends, for life and liberty, Mainstream News, Middle Class Dismissed, Perverse Incentives, Precious Metals, Resistance, sound money, statism, System D, The Freedom Watch
The Freedom Watch Staff
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