Truesee's Daily Wonder

Truesee presents the weird, wild, wacky and world news of the day.

Monday, December 29, 2008

 

$370 Million Gem Held by Sheriff Until Owner Is Identified

LOS ANGELES, Dec. 27 (UPI) -- The Los Angeles County Sheriff's Department says it is holding an emerald estimated to be worth as much as $370 million while the stone's owner is determined.

 

A department spokesman said the 850-pound gem will be in safekeeping until a federal judge determines who rightfully owns it.

The "Bahia Emerald" was reported stolen in September from a secured vault in South El Monte, Calif.

CNN reported the emerald has been at the center of a dispute between a California man who claimed ownership, a company with which he contracted to sell it and a potential buyer.

It is alleged the gemstone's owner tried to go around the broker, who received a $19 million offer, and sell the emerald to the same buyer for $75 million.

The Brazilian stone was located in a Las Vegas warehouse, where the person in possession claimed to be the rightful owner, Los Angeles Sheriff's Lt. Thomas Grubb said.

A federal judge ordered the Los Angeles County Sheriff's Department to hold the 180,000-carat emerald until he can sort out the legal issues, Grubb said.



 


United Press International


Comments:
Gee tha'ts a lot of money....But trying to open your eyes, more worthed is the system or wheel that will crack the Pick6 and Powerball lottery....
and more important than that is having like an association that secretly sends winning lottery tickets to people who need it...And a lottery/insurance that tailors to whoever is the most in need....

and more important than that is having the hottest and beatuful women with a bubble butt around...Like the girl in celeste shorts...please don't mind me..
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