Alexandre Alexander: Federal Police and investigators from the Australian Securities and Investments Commission arrested Alexandre Alexander when his flight landed in Sydney this morning, according to Australian Broadcasting Corporation. Alexander, 48, who is also known as Alexandre Dergouchine, has been charged with four counts of making false and misleading statements to the Australian Securities Exchange between October 2013 and March 2014. Map: Sydney 2000 The former head of Australian-based mining company Kimberley Diamonds has been arrested at Sydney Airport, accused of misleading the stock market. Each charge carries a maximum penalty of five years' jail and a $34,000 fine. Between March 2013 and May 2014, Kimberley Diamonds tried to negotiate an increase in the price of the yellow diamonds it sold to the luxury jewellery retailer Tiffany & Co. ASIC is alleging Alexander authorised market statements, which failed to disclose the fact that Kimberley Diamonds assumed it would obtain a 30 per cent increase in the price of its rare fancy yellow diamonds.
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