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ALLEGED SCAM By Famed Spanish Jewellery House Tous

Gold Investment Experts by Gold Investment Experts
in Silver Jewelry
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ALLEGED SCAM By Famed Spanish Jewellery House Tous 1
ALLEGED SCAM: By Famed Spanish Jewelry Home Tous
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THE origins of TOUS date again to 1920, when the younger Spanish apprentice Salvador Tous Blavi began out within the watchmaking enterprise.

In 1930, he moved to Manresa (Barcelona) and opened his personal institution, the place he was joined in 1953 by his son, Salvador Tous Ponsa, who, along with his future spouse Rosa Oriol and their 4 daughters, remodeled the enterprise into what we all know it as at present. Or will we?

The famed Spanish jewelry home Tous is being investigated for “ongoing fraud” accused of “stuffing” their jewelry with non-metal materials.

The agency advertises the jewelry as if it have been made fully out of gold or silver.

The Spanish Nationwide Excessive Courtroom is investigating Tous to make clear whether or not, because the Prosecutor’s Workplace claims, the corporate has offered jewelry crammed with non-metallic materials, regardless of promoting it as fully manufactured from gold or silver.

The accusations are rejected by the model, which claims that every one its items are “licensed” and of “top notch high quality.”

Tomorrow, Wednesday, Decide Santiago Pedraz is anticipated to interrogate, in Madrid, representatives of the jewelry agency and in addition of Applus Laboratories, the corporate in command of testing the standard of the jewelry.

In keeping with El Independiente, the Central Courtroom of Instruction 1 of the Nationwide Excessive Courtroom has opened preliminary proceedings on account of a grievance filed final December by the Public Prosecutor’s Workplace, which suspects that Tous might have dedicated the crimes of steady fraud, false documentation, deceptive promoting and corruption amongst non-public people.

The origin of this investigation goes again to late 2018, when the Affiliation of Shoppers and Customers of Jewelry (Consujoya) filed a grievance with the Guardia Civil of Cordoba claiming that it had detected that Tous’ jewelry was crammed with a non-metallic materials, even supposing the corporate offered it as 18 or 24 carat gold or sterling silver.

Tous, which has made the bear the image of the model, has rejected these accusations by assuring that every one its gold and silver jewelry “is at all times top notch” and that it complies with all of the world’s requirements for the certification of valuable metals.

The agency, which has its headquarters in Manresa (Barcelona), stresses in an announcement that every one the jewelry it sells in Spain is licensed by official authorised laboratories and that it really works its items utilizing micro-fusion and “electro-forming” expertise.

In keeping with the corporate, the expertise used is assured by all of the technical our bodies of the Public Administration and the regulation on valuable metals are specified. Tous goes on to elucidate that, by utilizing the “electroforming” method, and relying on the scale, form and valuable steel used, “the jewel might incorporate non-metallic cores that assist confer stability to the piece, however at all times sustaining the regulation on valuable metals”.

Based in 1920 and presently chaired by Alba Tous, the agency is current in additional than 50 nations with 700 shops and a employees of greater than 4,000 professionals. In 2018 it obtained a consolidated internet revenue of 27.three million euros, 120% greater than in 2017, and the group’s turnover reached 396.Four million euros, a rise of 4.5%.





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