Tag Archives: Mehul Choksi

PNB Fraud

Last week the Indian financial sector was rocked by another US$ 2 billion scam in the Punjab National Bank (PNB). According to latest reports the total scam amount can go up to US$ 3 billion. The main perpetrators of this scam are the famous jeweler Nirav Modi and his uncle Mehul Choksi, owner of another […]