When it comes to diamonds, you want to make sure you’re buying from a reputable source.

For a start, there are the ethical considerations about where they come from (you’ve seen Leo, and heard his terrible accent, in Blood Diamond), and then you have to factor in that some shady characters operate on the fringes of the diamond market.

If you’re after a quick buck, and you come across a deal that seems to be good to be true, you may want to watch this Carte Blanche investigation first.

Here are the basics:

Flamboyant, charming and with a ready response for every accusation of running an elaborate diamond investment scam, Gauteng businessman Louis Liebenberg has earned notoriety in the South African diamond industry.

His own Facebook posts have become legendary as he takes on his detractors regularly – from the media to disgruntled investors.

Derek Watts met him at his home in Bronkhorstspruit.

A quick search on Facebook reveals that many who have done business with Louis in the past have had their fingers, and cash reserves, burnt.

At this point, let’s hand over to Derek and the team to do their thing:

By the way, that Eureka movement is worth a Carte Blanche investigation on its own.

[source:carteblanche]