Nirav Modi, an Indian diamond billionaire who opened a flagship boutique in London 18 months ago, is being investigated for bank fraud. According to reports, the jeweller of the namesake retail chain has been linked with a $1.8 billion fraud reported by one of India’s biggest banks. Last month Punjab National Bank accused Nirav Modi […]

The post One of India’s biggest banks accuses billionaire diamond dealer of fraud appeared first on The Jewelry Magazine.