How Nirav Modi broke a man's engagement

NEW DELHI: Fugitive diamantaire Nirav Modi, who's allegedly the high accused in over $2 billion Punjab National Bank (PNB) fraud, is now reportedly sued by way of a Canadian nationwide for promoting faux diamonds.

Diamonds are not perpetually: A Canadian guy is suing absconding scamster Nirav Modi for $4.2 million, alleging that the diamantaire offered him faux diamonds for $200,000 in April this yr, which resulted in the cancellation of his engagement together with his female friend.

Making a mark: According to the Paul Alfonso, the Canadian nationwide, he had met Nirav Modi all the way through the latter's talk over with to Los Angeles in 2012 and the duo reconnected two years later and again previous this yr, which is when he advised Nirav Modi about his plan to propose his female friend and sought to buy an engagement ring value $100,000.

Alfonso says he was once blind to Nirav Modi's involvement within the multibillion-dollar scam pulled off at the PNB by way of forging letters of credit.

Selling a con: Alfonso ended up buying two diamond rings — considered one of three.2 carats and the opposite of two.five carat — value a complete of $200,000 from Nirav Modi after his female friend expressed pastime in every other ring. But when his female friend took the rings to an appraiser, to get them insured, she was once informed they were faux, following which she broke-up with Alfonso; he says he was once in a state of deep despair within the aftermath.

Nirav Modi and his uncle Mehul Choksi of Gitanjali workforce are underneath probe by way of each the Central Bureau of Investigation (CBI) and Enforcement Directorate (ED) after the PNB scam was once unearthed. Non-bailable warrants were issued in opposition to them. Nirav Modi and Choksi left India sooner than the scam was once reported.
How Nirav Modi broke a man's engagement How Nirav Modi broke a man's engagement Reviewed by kailash soni on October 09, 2018 Rating: 5
Powered by Blogger.