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Recently, reports have been emerging about the diamond’s history and why it was withdrawn.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

Model Georgina Rodríguez received a rock of an engagement ring, with her diamond estimated to be 35 carats, experts say.

The board elected 9 new directors at its recent ICA Congress in Brazil.

Three winners will receive a custom ring from Honest Hands Ring Co. inlaid with a piece of history from Denver-based distillery Stranahan’s.

As a leading global jewelry supplier, Rio Grande is rapidly expanding and developing new solutions to meet the needs of jewelers worldwide.

JD Sports and Wawa were among the fastest-growing retail companies in the U.S. last year.


The new inventory, all untreated, features vibrant hues and unique bicolor combinations.

Acquired by a tech investor, the historic brand will continue to focus on jewelry, accessories, and timepieces.

The Seymour & Evelyn Holtzman Bench Scholarship from Jewelers of America returns for a second year.

President Donald Trump issued an executive order extending the pause on higher tariffs to November as negotiations with China continue.

The “Thunderbird Slab” collection features a thunderbird motif as a symbol of power, protection, and boundless possibility.

Columnists Jen Cullen Williams and Duvall O’Steen share tips on how to elevate your professional image.

Peter Damian Arguello, a jeweler in the Denver suburb of Wheat Ridge, was found dead inside his store in November 2023.

The retailer, owned by Berkshire Hathaway, is becoming part of the Berkshire Hathaway Jewelry Group with Helzberg.

The Continental Buying Group’s 2025 Tampa Experience Show is slated for Sept. 8-10.

Associate Editor Lauren McLemore recently attended a fabrics trade show where a trend forecaster shared her predictions for summer 2027.

The company raised its full-year sales guidance while noting it has not yet assessed the potential impact of the latest tariff news.

The organization has raised more than $1.3 million for charity since its inception.

The brand’s latest iteration of a bezel-set diamond bangle features clean lines and a timeless design for a new modern silhouette.

The first watch in the series commemorates his participation in the Civil Rights movement, marching from Selma to Montgomery in 1965.

The catalog contains a complete listing of all the loose gemstones in stock, as well as information about the properties of each stone.

The company added a retailer dashboard to its site and three new birds to its charm collection, the cardinal, blue jay, and hummingbird.

An additional 25 percent tariff has been added to the previously announced 25 percent.

The jewelry and accessories retailer plans to close 18 stores as part of the proceedings.

Its Springfield, Massachusetts, store is set to close as owner Andrew Smith heads into retirement.

Designer Hiba Husayni looked to the whale’s melon shaped-head, blowhole, and fluke for her new chunky gold offerings.

She will present the 23rd edition of the trend forecasting book at Vicenzaoro on Sept. 7.

Omar Roy, 72, was arrested in connection with the murder of jeweler Dionisio Carlos Valladares.