The 10-carat fancy purple-pink diamond with potential links to Marie Antoinette headlined the white-glove jewelry auction this week.
Man Sentenced Up to 26 Years for Jeweler Hit-and-Run
Charles Jordan was convicted in the 2015 death of Diamond District jeweler Aron “Eric” Aranbayev.
New York--The man convicted in the 2015 hit-and-run death of a Diamond District jeweler known for selling high-end pieces to singers, athletes and other celebrities has been sentenced.
The District Attorney for Queens County announced Wednesday that Charles Jordan has been sentenced to up to 26 years in prison for manslaughter and other charges stemming from the hit-and-run death of Rafaello & Co. jeweler Aron “Eric” Aranbayev in 2015.
Jordan, 48, is a suspended MTA train operator and resident of Valley Stream, Long Island. Last month he was convicted of first-degree manslaughter and felony leaving the scene of an incident in Queens Supreme Court.
In July 2015, Aranbayev, a married father of four young children, was being dropped off outside of his home in the Forest Hills area of Queens. He exited the car on the street as Jordan drove by at a high speed.
The two got into a verbal argument and Jordan backed up his Dodge Magnum twice, the second time revving his engine and striking Aranbayev, causing him to fall to the ground and suffer a skull fracture and brain damage. Jordan sped away without stopping.
Aranbayev died in the hospital on July 20. That same month, Jordan was arrested.
Queens District Attorney Richard A. Brown stated in a press release, “Today’s sentence, imposed by the court, punished the defendant for this vicious act that arose out of a petty dispute. This was a senseless death that could have been easily avoided.”
Aranbayev was a well-known jeweler in Manhattan with a famous clientele that included members of the New York Knicks basketball team, Drake, Chris Brown, Jay-Z, Alicia Keys and the Saudi royal family, according to the Rafaello & Co. website.
Aranbayev founded Rafaello & Co. in 2009 with his father, Rafael Aranbayev, and cousin, Gabriel Jacobs.
The Latest

The Starboard Cruises SVP discusses who is shopping for jewelry on ships, how much they’re spending, and why brands should get on board.

The historic signet ring exceeded its estimate at Noonans Mayfair’s jewelry auction this week.

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

To mark the milestone, the brand is introducing new non-bridal fine jewelry designs for the first time in two decades.


The gemstone is the third most valuable ruby to come out of the Montepuez mine, Gemfields said.

Founder and longtime CEO Ben Smithee will stay with the agency, transitioning into the role of founding partner and strategic advisor.

The countdown is on for the JCK Las Vegas Show and JA is pulling out all the stops.

Associate Editor Natalie Francisco shares 20 of her favorite pieces from the jewelry collections that debuted at Couture.

If you want to attract good salespeople and generate a stream of “sleeping money” for your jewelry store, then you are going to have to pay.

The top lot was a colorless Graff diamond, followed by a Burmese ruby necklace by Marcus & Co.

Gizzi, who has been in the industry since 2001, is now Jewelers of America’s senior vice president of corporate affairs.

Luca de Meo, a 30-year veteran of the auto industry, will succeed longtime CEO François-Henri Pinault.

Following visits to Vegas and New York, Botswana’s minerals minister sat down with Michelle Graff to discuss the state of the diamond market.

The “Your Love Has the Perfect Ring” campaign showcases the strength of love and need for inclusivity and representation, the jeweler said.

The former De Beers executive is the jewelry house’s new director of high jewelry for the Americas.

The New York Liberty forward is the first athlete to represent the Brooklyn-based jewelry brand.

Take a bite out of the 14-karat yellow gold “Fruits of Love Pear” earrings featuring peridots, diamond stems, and tsavorite leaves.

The one-day virtual event will feature speakers from De Beers, GIA, and Gemworld International.

The California-based creative talks jewelry photography in the modern era and tackles FAQs about working with a pro for the first time.

Al Capone’s pocket watch also found a buyer, though it went for less than half of what it did at auction four years ago.

The foundation has also expanded its “Stronger Together” initiative with Jewelers for Children.

Assimon is the auction house’s new chief commercial officer.

The De Beers Group CEO discusses the company’s new “beacon” program, the likelihood diamonds will be exempt from tariffs, and “Origin.”

The Danish jewelry giant hosted its grand opening last weekend, complete with a Pandora pink roulette wheel.

Industry veteran Anoop Mehta is the new chairman and independent director of the IGI board.

The winners of the inaugural “Kering Generation Award x Jewelry” are student Lee Min Seo and China-based startup Ianyan.