Giel Mans, a diamond-dealer suspected of luring investors with the promise of riches from profiting from diamond investments, pleaded with a Port Elizabeth Magistrate judge to release him on bail, telling the judge that a safe-deposit box in London contained diamonds worth millions of dollars that could be used to repay his investors.

FORBES: Jailed Ponzi Schemer: Set Me Free And I'll Show You My $10 Million Diamond Stash