jeweler

Ralph Esmerian, the former owner of rare-jewelry seller Fred Leighton, was arrested Monday on charges on fraud and embezzlement. The New York district U.S. Attorney's Office claims his illegal activities caused the company to file for bankruptcy protection in 2008.

Cash4Gold, the scrap gold buyer that recently hired Ed McMahon and MC Hammer to pitch their service during the Super Bowl, was busted by a blogger named Rob Cockerham at Cockeyed.com for offering one-third of the appraised value for scrap gold and then trying to bribe him to remove the story from...