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The £170 Million Diamond Scam
Richard Bilton investigates the high-end jewellery stores – and the man behind them – that left investors who ploughed £170 million into the business with nothing.
Charismatic businessman Vashi Dominguez sold a vision of opulence and success to investors. They invested £170 million in his high-end jewellery stores and were told their cash was secured against a large stock of diamonds. But when the business went bust, there were hardly any diamonds in the safe. Now, both the cash and the conman have gone.
Reporter Richard Bilton investigates a world where nothing was quite what it seemed, where staff pretended to be customers to make the shops look busy and sales figures were massively inflated.
Last on
Sun 7 Sep 2025
23:30
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Credits
| Role | Contributor |
|---|---|
| Reporter | Richard Bilton |
| Editor | Karen Wightman |
| Executive Producer | Andrew Head |
| Producer | Rory Tinman |
Broadcasts
- Mon 1 Sep 2025 20:00
- Sat 6 Sep 2025 01:10
- Sat 6 Sep 2025 03:30
- Sat 6 Sep 2025 16:30
- Sun 7 Sep 2025 10:30Âé¶¹Éç News except UK & UK HD
- Sun 7 Sep 2025 19:30Âé¶¹Éç News except UK & UK HD
- Sun 7 Sep 2025 23:30