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Home / Crime and Justice / NYC Jeweler Accuses Rival of Fraud, Sparks Violent Clash

NYC Jeweler Accuses Rival of Fraud, Sparks Violent Clash

4 Jan

•

Summary

  • A jeweler accused a rival of impersonating his company and scamming customers.
  • The dispute escalated into a violent brawl within Manhattan's Diamond District.
  • Two men were charged with assault following the altercation.
NYC Jeweler Accuses Rival of Fraud, Sparks Violent Clash

A heated dispute between jewelers Maksud Agadjani of TraxNYC and George Akay of Akay Diamonds escalated into a violent brawl inside Manhattan's Diamond District on Friday afternoon. Agadjani publicly accused the Akay brothers of impersonating his business and defrauding customers by selling misrepresented gold jewelry.

Agadjani posted videos of the confrontation, alleging that the rival business sold a customer 10-karat gold while claiming it was 14-karat, using TraxNYC's name to deceive clients. The altercation reportedly involved physical violence, leading to charges of assault against the Akay brothers. Agadjani himself was hospitalized, claiming he was choked by his own chain.

This incident follows Agadjani's recent legal troubles, including a seven-figure lawsuit settled last May with rapper 50 Cent over alleged trademark infringement for using his likeness to promote jewelry. The Akay Diamonds business has not yet issued a public response to the fraud allegations.

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Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Maksud Agadjani accused rival jewelers of impersonating his company and selling fake gold.
Yes, George and Freddy Akay were charged with assault following the violent confrontation.
Yes, he settled a lawsuit with 50 Cent last May for trademark infringement.

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