- 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 .
- 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 .
- 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. . 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.
- Arrested : After that , he went off Radar and escaped to Dominica . Nevertheless, he was arrested by cops.
- 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
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