I'm not exaggerating. 1.2ct princess cut, IGI certified VS2, F color. I paid $3,800 from an online retailer. When I got it and looked at it in normal indoor light — not a loupe, not a microscope, just my eyes — I could see a black crystal sitting right in the middle of the table.
I sent it to a local GIA-trained gemologist. Her assessment: SI2 at best, possibly I1 depending on the angle.
The retailer offered a refund but said "IGI grading standards differ from GIA." That's not a defense. That's an admission.
How is it legal to sell a stone with a visible inclusion as VS2? I've read that IGI grades about 1-1.5 grades more generously than GIA on natural diamonds. This is worse than that. This is fraudulent.


This is a known issue with IGI's natural diamond grading. Their lab-grown grading is considered tighter because volume and automation force consistency. For natural stones, the variance between IGI graders is significant — some stones are graded accurately, some are inflated by a full grade or more. The VS2 you're describing sounds like it got an inflated grade.