25 lb Emerald Fraud???

I like how Susan Lazaruk of The Province puts it: "The giant “emerald” had so many red flags, it might as well have been a ruby."

There were absolutely no bids on this apparently largest cut emerald that went up for auction in Kelowna over the weekend. Tsk. Tsk. Seems like the man promoting it was arrested for fraud in Ontario. But he still insists the gem is genuine as does the gemologist who appraised it; though the latter did admit he had been coloured - it's still an actual emerald. Makes me wonder what the fraud charges were for.

Read more here and here.