We study a four-level atomic scheme interacting with four lasers in a closed-loop configuration with a ♦ (diamond) geometry. We investigate the influence of the laser phases on the steady state. We show that, depending on the phases and the decay characteristic, the system can exhibit a variety of behaviors, including population inversion and complete depletion of an atomic state. We explain the phenomena in terms of multi-photon interference. We compare our results with the phasedependent phenomena in the double-Λ scheme, as studied in [Korsunsky and Kosachiov, Phys. Rev A 60, 4996 (1999)]. This investigation may be useful for developing non-linear optical devices, and for the spectroscopy and laser-cooling of alkali-earth atoms.