On 6/16/16, a Ventura jewelry store owner named Ara Ghazarian, 54 was arrested. He is accused of switching customerâ€™s diamonds with moissanite. In May 2016, one of Ghazarianâ€™s customers knew something was wrong with her ring. When she took it to second jeweler, he informed her that the diamond was replaced with moissanite. Another victim had a similar experience, when a family heirloom ring was replaced with moissanite. Ghazsrian was arrested on two counts of grand theft.