January 22, 2020

Newsy Today

newsy-today.com

Tous defends that his jewels comply with the guarantees during the declaration at the National Court

The representative of the firm Tous has assured this Wednesday at the National Court that his jewels comply with the guarantees, including those of silver, inside which he has recognized that there may be non-metallic materials by the use of a legal technique that gives the piece of greater stability. The statement as investigated by the Catalan company is framed within the investigations instructed by Judge Santiago Pedraz following the complaint filed by the Prosecutor's Office, which argues that Tous has sold jewelry filled with non-metallic substances despite publicizing them as if they were entirely of gold or silver.

During the interrogation, the firm, which has only answered questions from the Public Prosecutor's Office, has denied such accusations and explained that for its pieces in plates it uses the electroforming technique, according to which the jewel could incorporate non-metallic cores depending on the size, Shape and precious metal in question. In this regard, he has argued that if he did not resort to this formula it would be impossible to make pieces of certain volumes since they would not have stability, and that, therefore, does not prevent the final product from always being of the first law.

In addition, he stressed that the certification process complies with the standards of the Precious Metals Law, and has clarified that in no case is this technique followed with 18-carat gold.

Tous, who has already appealed the complaint, has chosen not to answer the questions of the lawyer of the Consujoya association, Magdalena Entrenas, who has appeared as a popular accusation. Said association filed a complaint at the end of 2018 with the Civil Guard of Cordoba, stating that it had detected that several jewelry models were filled with a non-metallic material.

Consujoya says it is "illegal"
Before the journalists, Entrenas has insisted that the company has incurred not "a fraud, but a scam", since its technique "is absolutely illegal." "The marks are one thing, and the material and the message that is transmitted to the consumer, another," said the lawyer, who added that the key to this cause is in the regulations, which provides that "any object that is made of precious metal you have to keep it all over your body. "

In its complaint, filed last December and to which Efe has had access, the Prosecutor's Office of the National Court appreciates the "involvement of a very important number of products allegedly placed on the market with deceptive or fraudulent advertising," about 4 million pieces , by a company "established in more than 45 countries, with about 400 establishments and a sales volume in Spain of more than 350 million euros".

In addition to that of deceptive advertising, usually punished with fines of between 12 to 24 months, it adds the possible crimes of continued fraud, documentary falsehood and corruption in business.

Tous sources have affirmed that the statement "has gone well", and they have sent to the statement of the Spanish Association of Jewelers, who on the eve endorsed the policy of the brand since "the practice of filling jewelry pieces does not involve fraud nor manipulation ", but it is" a manufacturing technique that allows the consumer to offer jewelry with a more affordable design ".

Founded in 1920 and currently chaired by Alba Tous, the firm obtained a consolidated net profit of 27.3 million euros in 2018, 120% more than in the previous year, and the turnover of the group reached 396.4 million euros , 4.5% more. .