Tag Archives: Cairns

Rare Pink Diamond Theft Comes to a Head After a few days of speculation, Queensland police in the UK believe they have targeted the rare pink diamond theft. Matthew Osborne, 29 was visiting Australia and made a dramatic decision to steal a pink diamond from a local jewelry store in Cairns. Witnesses say Osborne escaped on a bicycle. The pink gem retailed for 135,000 pounds (approx. $225,000 dollars). Although high in price the diamond was a mere 0.31 carats and 4.3 millimeters in diameter. The vibrant pink color is what brought the diamond up in value. It was one of Read More →