Who is Nirav Modi? And how he is linked to PNB Fraud
Nirav Modi is a most famed Indian billionaire businessman, born on 1971 into a Gujarati Family. Nirav Modi is known for his splendid jewel outlines which have been worn by numerous famous people of Hollywood. The Bollywood famed diva Priyanka Chopra is the brand ambassador of his brand. Firestar International is the parent organization which owns Nirav Modi Chain of retail locations. Nirav Modi is ending up being the new Harshad Mehta for Indian budgetary framework. This very rich person was positioned 57 among India's Richest People of 2017 by Forbes Magazine. He is an extravagance diamond designer. He is said to be the boss of Rs. 11, 400 Crores scam at Punjab National Bank. Bollywood performing artist Priyanka Chopra is looking for the lawful sentiment regarding ending her agreement with the brand in light of claims of monetary scam against Nirav Modi. It is terrible how he figured out how to do misrepresentation on such a vast scale without being taken note. Furthermore, a solitary Mumbai Branch of PNB was behind this huge fraud worth $1.8 billion.
Biggest Scam of Nirav Modi
In February 2018, the Indian government's Central Bureau of Investigation floated an inquiry concerning Modi. The CBI is following up on an accusation from the Punjab National Bank, a state saving money organization, that charges Modi and his accomplices swindled the bank for 280 Crore (around USD 40 million) by scheming with bank authorities to falsely acquire Letters of Undertaking for influencing installments to overseas to suppliers. The (ED) enforcement directorate is investigating the instance of misrepresentation that the CBI has enlisted against Nirav Modi and his partners for conning over ?280 crores as referred to by Punjab National Bank (PNB). Although the case is still under scrutiny, however, Nirav Modi's stores will stay open and business is a regular at his stores far and wide including the one at Marina Bay Sands in Singapore.
Personal Information of Nirav Modi
• Real Name- Ami Javeri, Nirav Deepak Modi
• Nickname- Nirav Modi
• Profession- Businessman (Jewellery Designer)
• Date of Birth- 1971
• Birth Place- Antwerp, Belgium
• Nationality- Indian
• Hometown- Palanpur, Banaskantha, Gujrat, India
• College- The Wharton School, University of Pennsylvania, USA
• Educational Qualifications- College Drop Out
• Height- 5 feet 6 inch
• Weight- 65 kg
• Chest- 42 inches
• Waist- 32 inches
• Hair Color- Black (semi-bald)
• Eye Color- Black
• Father- Deepak Keshavlal Modi (Jeweler)
• Brother- Neeshal Modi
• Grandfather- Keshavlal Modi
• Maternal Uncle- Mehul Choksi
• Hobbies- Travelling, Reading, and Painting
• Religion- Jainism
• Favorite Actresses- Jacqueline Fernandez, Priyanka Chopra, Sonam Kapoor, Kate Winslet, Amy Adams, Dakota Johnson
• Favorite Colors- Pink, Black, Blue, and White
• Favorite Watches- Rolex Platinum, Swatch Tresor Magique, Vacherson Constantin Malte Tourbillion, IWC Novecento
• Marital Status- Married
• Wife- Ami Modi
• Children- Rohin (Son), Ananya and Apasha (Daughters)
• Car Collections- One Toyota Fortuner, One Rolls Royce Ghost, One Porsche Panamera, Two Mercedes Benz GL Class, One Bentley, Three High End Honda Cars
• Yearly Turnover- 20, 000 crore (approximately)
• Net Worth- $1.76 billion (approximately)