Tag: bank fraud

CBI widens probe into $1.8 billion bank fraud

open view web desk NEW DELHI/MUMBAI – The Central Bureau of Investigation (CBI) raided the offices of jewellery retailer Gitanjali on Friday in a widening probe into a $1.77 billion loan fraud at state-run Punjab National Bank, the biggest bank scam in the country’s history. The case is […]

Newsmaker: Nirav Modi, India’s jeweller to Hollywood stars, accused of massive bank fraud

open view web desk MUMBAI/NEW DELHI- Nirav Modi’s name is a stamp of corporate India’s growing global prestige. On Hollywood red carpets, his diamonds have sparkled on the necklines and dangled from the earlobes of actors and models like Kate Winslet, Dakota Johnson and Rosie Huntington-Whiteley. Back in […]

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