Scio Diamond Technology Corporation controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2017
Alleged investor-fund embezzlement scheme
The U.S. Department of Justice announced the indictment of Edward S. Adams, Scio's chairman of the board, alleging that he orchestrated an elaborate scheme to embezzle millions of dollars from investors. The available reference does not establish the final legal disposition.