13-Carat Pink Diamond Pulled from Jewelry Auction Allegedly Stolen
It’s believed to be part of a $90 million scheme perpetrated by a man who billed himself as a psychic online.

Christie’s unveiled the 13.15-carat, VVS1/potentially internally flawless fancy vivid pink diamond ring in mid-November, billing it as a highlight of the Dec. 6 Magnificent Jewels auction in New York.
It had a pre-sale estimate of between $25 million and $35 million.
Not long after its debut, the diamond was pulled from the auction. Christie’s confirmed the stone’s withdrawal to National Jeweler but did not offer any further explanation or comment.
Recently, reports have been emerging about the diamond’s history and why it was withdrawn.
According to court documents first uncovered by Court Watch, the diamond allegedly was stolen from an unnamed wealthy individual who lives in Doha, Qatar.
An employee of this individual contacted a man named John Lee, who had advertised himself as a psychic online.
The employee sent Lee some of their jewelry to have it “cleansed of bad spirits.”
When said employee’s jewelry was returned but they were still experiencing “bad feelings,” Lee encouraged the employee to send him some of the employer’s jewelry for cleansing, court documents state.
The employee removed jewels from their employer’s safe and sent them to Lee at addresses in Davenport, Florida, and Paramus, New Jersey.
In addition to the large pink diamond, jewels shipped to the “psychic” included an approximately 42-carat white diamond, as well as two large yellow diamonds, according to court documents.
Instead of returning the jewelry, Lee allegedly sold the goods to a jeweler.
The pink diamond then showed up at auction, where it was recognized and eventually identified as a stolen diamond belonging to the wealthy Qatari.
Agents from the U.S. Department of Homeland Security were present at a private viewing in which the diamond was identified and “took immediate possession of the stone, as it was readily apparent the diamond was stolen property,” according to court documents.
Christie’s didn’t respond to National Jeweler’s request for comment on the case by press time but confirmed to Rapaport it had cooperated with the authorities.
According to the court documents, at least 17 gems and jewels valued at more than $90 million have been identified as stolen as part of this alleged psychic’s scheme.
Lee is being charged with wire fraud, mail fraud, and interstate transportation of stolen goods.
The Latest

Chicago police and members of the U.S. Marshals Service tracked down the 35-year-old suspect earlier this week in St. Louis.

Owners of the Ekapa Mine reportedly filed for liquidation about a week after a mudslide trapped five workers who have yet to be found.

A 10-year alliance has also begun to address the shortage of bench jewelers through scholarships, enhanced programs, and updated equipment.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The “Splendente” collection has evolved to feature hardstone letter pendants, including our Piece of the Week, the onyx “R.”


The update came as Anglo took its third write-down on the diamond miner and marketer, which lost more than $500 million in 2025.

Emmanuel Raheb discusses the rise of “GEO” and the importance of having well-written, quality content on your website.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

Each received around four years for burglarizing a jewelry store and a coffee shop in Simi Valley, California, last May.

Catherine Aulick, a GIA graduate, received the ninth and final Gianmaria Buccellati Foundation Award for Excellence in Jewelry Design.

We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

Experts from India weigh in the politics, policies, and market dynamics for diamantaires to monitor in 2026 and beyond.

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Are arm bands poised to make a comeback? Has red-carpet jewelry become boring? Find out on the second episode of the “My Next Question” podcast.

The Swiss watchmaker is battling declining sales amid a rapid retail expansion, according to a Financial Times report.

The campaign celebrates Giustina Pavanello Rahaminov, the co-founder’s wife and matriarch of the family-owned brand, for her 88th birthday.

Rachel Bennett, a senior jeweler who has been with Borsheims since 2004, earned the award.

After the Supreme Court struck down the IEEPA tariffs, President Trump imposed a 10 percent tax on almost all imports via a different law.

The industry veteran, who was with The Edge Retail Academy for 14 years, joins her husband at the company he founded in 2022.

The vintage signed jewelry retailer chose Miami due to growing client demand in the city and the greater Latin American region.

Former Flight Club executive Jin Lee will bring his experience from the sneaker world to the pre-owned watch marketplace.

Sakamoto, who died in mid-January following a sudden illness, is remembered for his humility and his masterful, architectural designs.

The April event will feature a new VIP shopping day requiring a special ticket.

Bulgari chose the British-Albanian singer-songwriter for her powerful and enduring voice in contemporary culture, the jeweler said.

In a 6-3 ruling, the court said the president exceeded his authority when imposing sweeping tariffs under IEEPA.

Smith encourages salespeople to ask customers questions that elicit the release of oxytocin, the brain’s “feel-good” chemical.

JVC also announced the election of five new board members.

























