Nirav Modi

Nirav Modi
નીરવ મોદી
Born (1971-02-27) 27 February 1971 (age 53)[1]
Palanpur, Gujarat, India
NationalityBelgian (Indian formerly)
Alma materWharton School (University of Pennsylvania)
Years active1989–2018
Organization(s)Firestar Diamond International, Gitanjali Group, A. Jaffe Inc.
Known forDiamond business bank fraud, wanted by Interpol[2]
Criminal statusArrested (in London, 20 March 2019)
SpouseAmi Modi
Children3
RelativesMehul Choksi (uncle)
Criminal chargeCriminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, money laundering, fraud, embezzlement and misrepresentation
Wanted by
Interpol, The Judicial Authorities of India, Los Angeles Police Department, New York Police Department, Federal Bureau of Investigation, Royal Canadian Mounted Police
Wanted sinceAugust 2018
Details
VictimsUnion Bank of India, Punjab National Bank, Paul Alfonso, Amukurajuddin Bohra
Location(s)Dubai
Hong Kong
London
Singapore
Imprisoned atHM Prison Thameside, UK

Nirav Deepak Modi (born 27 February 1971) is an Indian-born Belgian businessman and criminal who was charged by Interpol and the Government of India for criminal conspiracy, criminal breach of trust, cheating and dishonesty including delivery of property, corruption, money laundering, fraud, embezzlement and breach of contract in August 2018.[3] Modi is being investigated as a part of the $2 billion fraud case[4][5] of Punjab National Bank (PNB). In March 2018, Modi applied for bankruptcy protection in Manhattan, New York.[6] In June 2018, Modi was reported to be in the UK applying for political asylum.[7][8] In June 2019, Swiss authorities froze a total of US$6 million present in Nirav Modi's Swiss bank accounts along with the assets.[9][10][11]

  1. ^ "MODI, NIRAV". Interpol.int. Archived from the original on 10 July 2018. Retrieved 2 July 2018.
  2. ^ "Nirav Modi Interpol profile". Archived from the original on 10 July 2018. Retrieved 2 July 2018.
  3. ^ "- INTERPOL". interpol.int. Archived from the original on 10 July 2018. Retrieved 30 August 2018.
  4. ^ "PNB fraud put at close to $2.1 billion". India Today. 27 February 2018. Retrieved 4 March 2018.
  5. ^ "Eyes wide shut: the $1.8 billion Indian bank fraud that went unnoticed". Reuters.
  6. ^ "India fraud probe drove Nirav modi's jeweler to U.S.Bankruptcy filing". bloomberg.com. Bloomberg News. 7 March 2018. Retrieved 9 March 2018.
  7. ^ "Indian jeweller 'seeking asylum' in London". BBC News. 11 June 2018. Retrieved 11 June 2018.
  8. ^ Zubrzycki, John (26 April 2019). "Behind bars: India's 'Diamond King' Nirav Modi's fall from grace". The Sydney Morning Herald.
  9. ^ "Swiss authorities seize Nirav Modi, sister Purvi's four bank accounts with assets worth Rs 283 crore". businesstoday.in. 27 June 2019. Retrieved 30 June 2019.
  10. ^ PTI (27 June 2019). "Swiss authorities freeze 4 bank accounts of Nirav Modi, sister Purvi Modi". @businessline. Retrieved 30 June 2019.
  11. ^ "Four bank accounts of Nirav Modi, family frozen in Switzerland". The Indian Express. 28 June 2019. Retrieved 9 July 2024.