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Diamond Trading Dist. Crimes / FBI and Police Probe #46388

ABC Evening News for Tuesday, Oct 04, 1977
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(Studio) Robberies and murders have touched off FBI and police investigation reaching from New York City to Florida and Puerto Rico. Authorities say crimes may not be linked to each other, but are linked to small area of New York City and commodity traded there.
REPORTER: Barbara Walters

(NYC) Details with regard to business operations in NYC's diamond district noted. Some diamond merchants meet in Diamond Dealers' Club to trade, others, many Hassidic Jews with long history of being gem merchants, make deals on street. [Jeweler Herman BRUCKER - says diamond trading business runs on trust and without it there is no business] But now, due to recent large robberies and 3-yr. history of diamond dealer murders, diamond district's privacy is being invaded by publicity and police investigations. Dealers' attempts to preserve privacy cited. Risks associated with business now seem greater and fear changes way of life in this unusual business district.
REPORTER: Bob Brown

Reporter(s):
Brown, Bob;
Walters, Barbara
Duration:
00:02:00

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