Previous CEO Alexandre Alexander of Kimeberly diamonds, is accused for misleading the stock market over the cost of Natural Fancy yellow Diamonds.

Government Police and agents from the Australian Securities and Investments Commission (ASIC) captured Alexandre Alexander when his flight arrived in Sydney this morning.

Alexander, 48, who is otherwise called Alexandre Dergouchine, has been charged with four counts of making false and misleading statements tot he ASX between October 2013 and March 2014.

Every charge can cost him the maximum punishment of five years' correctional facility and a $34,000 fine.

Between March 2013 and May 2014, Kimberley Diamonds attempted to increase in the price of the Natural Fancy yellow diamonds it sold to Tiffany & Co.

This caused the organization's shares to fall by 41.5 per cent.

His case will come back to court in Sydney in November.