Nirav Modi's Uncle Mehul Choksi

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Do you believe in karma? Does karma happen to everyone?

 Jeweler :Mehul Choksi belongs to a family of reputed jewelers of


Palanpur, Gujarat. Well, Palanpur is renowned for its diamond business.
 His father owned Gitajanli Group; a rough diamond and gems polishing
firm. In 1975 ,he joined his family business and soon started developing
it.

 Within a decade , he succeeded his father as owner of this known firm.


He used strong advertising, publicity and networking to attract his
target clientele -high end customers.
 Wealth : Naturally, he entertained “who ’s who” of India and also
international public figures. Well, he kept on amassing wealth . [1]

 Scamster : In 2018, Central Bureau of Investigation - a premier Indian


intelligence agency- found out that Mehul Choksi and his nephew Nirav
Modi have defrauded Punjab National Bank- a known Indian bank- of
around 13,000 crores .[2]
 Fugitive : Soon , media reported that many customers got fake or
montaged jewelry. Media that many advertisers and proverbial brand
ambassadors were allegedly not paid or paid peanuts.
 Soon, investigative agencies found out that Mehul Choksi was in
Antigua and living life as its free citizen. [3] . His assets were seized by
Indian authorities.
 After much hue and cry; his citizenship was cancelled and there were
serious official talks to get him extradited to India. [4]
 Arrested : After that , he went off Radar and escaped to Dominica .
Nevertheless, he was arrested by cops. [5]
 There are chances that he would be brought back to India and face trial
for alleged 13000 crores financial fraud and other offences.
 Conclusion : “A boomerang (Karma) returns back to the person that
throws it.” : Vera Nazarian (author)
 Pic Credits : Google

Footnotes
[1] Farmhouse, 170-acre Park: Mehul Choksi's Assets Worth 1,271 Crores Seized

[2] PNB Scam: CBI files second chargesheet against Nirav Modi’s uncle Mehul Choksi, top
PNB officials

[3] I am not living a life of luxury in Antigua, says fugitive jeweller Mehul Choksi

[4] Mehul Choksi Arrested in Dominica, 'Hand Him to India Directly,' Says Antigua and
Barbuda PM

[5] Mehul Choksi found in Dominica after 3 days, in custody of Criminal Investigation


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