A Juhu-based diamond trader has allegedly conned top diamond firms of Mumbai and has fled with jewels worth Rs 30 crore. According to diamond market sources, Mehul Zaveri, a well-known diamond broker, has allegedly duped diamond firms and is now incommunicado. 

Mehul Zaveri has been in the business for two decades; his father, too, is a broker. Most of the jewellery shop owners are hesitant to talk about the fraud and have not approached the police yet,” said a source.