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Kay Jewelers fights back against diamond-swap scandal



The jewelry company that sells rings to much of America is ramping up store deals amid a diamond-swapping scandal that is threatening to crush its sparkly reputation.

The chances Signet Jewelers, parent company of Kay, has a hand in your wedding ring are pretty big -- it owns such notable jewelry brands as Kay Jewelers, Jared and Zales.

Related: Did Kay swap diamonds for cheap stones?

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