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Sarine announces arrest of suspects in attempted theft of intellectual property

Michelle Zhu Published on Mon, Jul 24, 2017 / 7:38 AM GMT+8

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SINGAPORE (July 24): Sarine Technologies, the developer and manufacturer of precision technology products for the processing and trade of diamonds and gems, last night announced the arrest of two suspects in Tel Aviv for allegedly attempting to steal the group’s Sarine’s confidential Galaxysystem-related intellectual property.

Both suspects are relatives of Indian nationality and are residing in Israel.

One has been remanded into custody, while the other has been released. A third suspect remains at large.

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