{"id":63902,"date":"2018-06-12T04:00:49","date_gmt":"2018-06-12T02:00:49","guid":{"rendered":"https:\/\/gioiellis.com\/?p=63902"},"modified":"2024-08-07T17:48:58","modified_gmt":"2024-08-07T15:48:58","slug":"la-grande-truffa-di-nirav-modi","status":"publish","type":"post","link":"https:\/\/gioiellis.com\/en\/la-grande-truffa-di-nirav-modi\/","title":{"rendered":"The great scam of Nirav Modi"},"content":{"rendered":"<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<script><br \/>\n     (adsbygoogle = window.adsbygoogle || []).push({<br \/>\n          google_ad_client: \"ca-pub-1422720793454724\",<br \/>\n          enable_page_level_ads: true<br \/>\n     });<br \/>\n<\/script><br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-format=\"fluid\" data-ad-layout=\"image-side\" data-ad-layout-key=\"-fe+6a+31-k2+pr\" data-ad-client=\"ca-pub-1422720793454724\" data-ad-slot=\"8583266876\"><\/ins><br \/>\n<script><br \/>\n     (adsbygoogle = window.adsbygoogle || []).push({});<br \/>\n<\/script><\/p>\n<h4>Nirav Modi fled to London seeking asylum in Britain. The biggest scam ($ 2.2 billion) linked to the jewelery world &#x2666; \ufe0e<\/h4>\n<p>When summer comes, you can read more books with thriller stories. But sometimes you do not need to buy a book, just read the news. Which, in this case, concern the world of jewelry. And we do not talk about the usual theft in a jewelery store or in a house. This booty is much higher: 1.77 billion dollars, maybe 2.2. Other than <em>Ocean Eleven<\/em> or similar. And the most shocking aspect is that the alleged perpetrator is not just any robber, but one of the stars of fine jewelry: Nirav Modi.<br \/>\nIndian billionaire with a passion for diamonds, stones thats he knows well why he has lived many years in Antwerp, in order to follow the family&#8217;s trade, he has created one of the most exclusive high jewelery Maison. But at the beginning of 2018 he was the protagonist of a clamorous case of fraud. Now he claims political asylum in the United Kingdom, to escape the trial in India. Nirav Modi, in fact, disappeared already in February after the accusations emerged, which he called a &#8220;political persecution&#8221;.<\/p>\n<figure id=\"attachment_26183\" aria-describedby=\"caption-attachment-26183\" style=\"width: 709px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2015\/07\/nirav-modi.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-26183\" src=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2015\/07\/nirav-modi.jpg\" alt=\"\" width=\"709\" height=\"488\" title=\"\" srcset=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2015\/07\/nirav-modi.jpg 709w, https:\/\/gioiellis.com\/wp-content\/uploads\/2015\/07\/nirav-modi-300x206.jpg 300w, https:\/\/gioiellis.com\/wp-content\/uploads\/2015\/07\/nirav-modi-80x55.jpg 80w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><figcaption id=\"caption-attachment-26183\" class=\"wp-caption-text\">Nirav Modi<\/figcaption><\/figure>\n<p><strong>The great deception<\/strong><br \/>\nThe accusation, however, is heavy. India&#8217;s second largest state bank, the Punjab National Bank (Pnb), claimed that two jewelry companies led by Nirav Modi and his uncle Mehul Choksi with the Gitanjali Group had defrauded the bank for about $ 2, 2 billion. After this alarm, frauds arose towards other credit institutions such as State Bank of India, Union Bank, Axis Bank and Allahabad Bank, all exposed to the rich man and always smiling (now you understand why) Nirav Modi. The charges have led to an investigation that led to the closure of boutiques in India, starting from the Mumbai store, bank accounts and luxury cars. What&#8217;s more, it seems that Nirav Modi has played dirty even with the budgets of his company. An expert opinion on precious stones in stock, for example, has established that their value is only 27% of what was declared in the balance sheet. In short, Nirav Modi would have inflated the accounts of his precious empire by more than 70%.<br \/>\n<strong>The mechanism of fraud<\/strong><br \/>\nBut how did Nirav Modi and his uncle have $ 2 billion? The scam, from what has emerged, seems almost incredible. In essence, three companies linked to Modi and Gitanjali have asked for funds to pay for purchases of precious stones abroad. Fake purchases, though. Some bank officials let themselves be duped by the rich jeweler without following the right verification process. The loans, in short, were granted without checking whether they were covered by an insurance policy to cover a possible default. The scam went on from 2011 to January 2018, until a more diligent bank manager was not satisfied with the word of Nirav and associates. And a more in-depth check brought out the scam. Although it must be admitted that the strategy was brilliant. Like the diamonds. <strong>Federico Graglia<\/strong><\/p>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- Banner mobili --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: inline-block; width: 320px; height: 100px;\" data-ad-client=\"ca-pub-1422720793454724\" data-ad-slot=\"8029212895\"><\/ins><br \/>\n<script><br \/>\n(adsbygoogle = window.adsbygoogle || []).push({});<br \/>\n<\/script><\/p>\n<figure id=\"attachment_57881\" aria-describedby=\"caption-attachment-57881\" style=\"width: 709px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV-MODI-orecchini-sakura.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-57881\" src=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV-MODI-orecchini-sakura.jpg\" alt=\"Orecchini della collezione Sakura\" width=\"709\" height=\"467\" title=\"\" srcset=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV-MODI-orecchini-sakura.jpg 709w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV-MODI-orecchini-sakura-300x198.jpg 300w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV-MODI-orecchini-sakura-84x55.jpg 84w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV-MODI-orecchini-sakura-220x145.jpg 220w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><figcaption id=\"caption-attachment-57881\" class=\"wp-caption-text\">Orecchini della collezione Sakura<\/figcaption><\/figure>\n<figure id=\"attachment_57880\" aria-describedby=\"caption-attachment-57880\" style=\"width: 709px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV_MODI_Diamon-bracciale.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-57880\" src=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV_MODI_Diamon-bracciale.jpg\" alt=\"Bracciale in oro bianco e rosa con diamanti\" width=\"709\" height=\"494\" title=\"\" srcset=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV_MODI_Diamon-bracciale.jpg 709w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV_MODI_Diamon-bracciale-300x209.jpg 300w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/NIRAV_MODI_Diamon-bracciale-79x55.jpg 79w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><figcaption id=\"caption-attachment-57880\" class=\"wp-caption-text\">Bracciale in oro bianco e rosa con diamanti<\/figcaption><\/figure>\n<figure id=\"attachment_57879\" aria-describedby=\"caption-attachment-57879\" style=\"width: 709px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/Lotus-Pond-Ring.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-57879\" src=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/Lotus-Pond-Ring.jpg\" alt=\"Anello Lotus di Nirav Modi\" width=\"709\" height=\"498\" title=\"\" srcset=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/Lotus-Pond-Ring.jpg 709w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/Lotus-Pond-Ring-300x211.jpg 300w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/11\/Lotus-Pond-Ring-78x55.jpg 78w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><figcaption id=\"caption-attachment-57879\" class=\"wp-caption-text\">Anello Lotus di Nirav Modi<\/figcaption><\/figure>\n<figure id=\"attachment_55584\" aria-describedby=\"caption-attachment-55584\" style=\"width: 709px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/09\/orecchini-nirav-modi.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-55584\" src=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/09\/orecchini-nirav-modi.jpg\" alt=\"Orecchini di diamanti e rubini di Nirav Modi\" width=\"709\" height=\"512\" title=\"\" srcset=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/09\/orecchini-nirav-modi.jpg 709w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/09\/orecchini-nirav-modi-300x217.jpg 300w, https:\/\/gioiellis.com\/wp-content\/uploads\/2017\/09\/orecchini-nirav-modi-76x55.jpg 76w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><figcaption id=\"caption-attachment-55584\" class=\"wp-caption-text\">Orecchini di diamanti e rubini di Nirav Modi<\/figcaption><\/figure>\n<figure id=\"attachment_43262\" aria-describedby=\"caption-attachment-43262\" style=\"width: 709px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/irav-Modi\u2019s-London-boutique.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-43262\" src=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/irav-Modi\u2019s-London-boutique.jpg\" alt=\"La boutique di Londra di Nirav Modi\" width=\"709\" height=\"472\" title=\"\" srcset=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/irav-Modi\u2019s-London-boutique.jpg 709w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/irav-Modi\u2019s-London-boutique-300x200.jpg 300w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/irav-Modi\u2019s-London-boutique-600x399.jpg 600w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/irav-Modi\u2019s-London-boutique-83x55.jpg 83w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/irav-Modi\u2019s-London-boutique-220x145.jpg 220w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><figcaption id=\"caption-attachment-43262\" class=\"wp-caption-text\">La boutique di Londra di Nirav Modi<\/figcaption><\/figure>\n<figure id=\"attachment_43259\" aria-describedby=\"caption-attachment-43259\" style=\"width: 709px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/An-elaborate-diamond-and-ruby-necklace-was-among-more-than-100-pieces-of-jewelry-shown-by-Nirav-Modi-at-the-2016-Paris-Biennale-des-Antiquaires..jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-43259\" src=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/An-elaborate-diamond-and-ruby-necklace-was-among-more-than-100-pieces-of-jewelry-shown-by-Nirav-Modi-at-the-2016-Paris-Biennale-des-Antiquaires..jpg\" alt=\"Collana di diamanti e rubini, composta da oltre 100 pietre, presentata alla Biennale di Parigi\" width=\"709\" height=\"516\" title=\"\" srcset=\"https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/An-elaborate-diamond-and-ruby-necklace-was-among-more-than-100-pieces-of-jewelry-shown-by-Nirav-Modi-at-the-2016-Paris-Biennale-des-Antiquaires..jpg 709w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/An-elaborate-diamond-and-ruby-necklace-was-among-more-than-100-pieces-of-jewelry-shown-by-Nirav-Modi-at-the-2016-Paris-Biennale-des-Antiquaires.-300x218.jpg 300w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/An-elaborate-diamond-and-ruby-necklace-was-among-more-than-100-pieces-of-jewelry-shown-by-Nirav-Modi-at-the-2016-Paris-Biennale-des-Antiquaires.-600x437.jpg 600w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/An-elaborate-diamond-and-ruby-necklace-was-among-more-than-100-pieces-of-jewelry-shown-by-Nirav-Modi-at-the-2016-Paris-Biennale-des-Antiquaires.-76x55.jpg 76w, https:\/\/gioiellis.com\/wp-content\/uploads\/2016\/10\/An-elaborate-diamond-and-ruby-necklace-was-among-more-than-100-pieces-of-jewelry-shown-by-Nirav-Modi-at-the-2016-Paris-Biennale-des-Antiquaires.-60x45.jpg 60w\" sizes=\"auto, (max-width: 709px) 100vw, 709px\" \/><\/a><figcaption id=\"caption-attachment-43259\" class=\"wp-caption-text\">Collana di diamanti e rubini, composta da oltre 100 pietre, presentata alla Biennale di Parigi<\/figcaption><\/figure>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<!-- rettangolo grande --><br \/>\n<ins class=\"adsbygoogle\" style=\"display: inline-block; width: 336px; height: 280px;\" data-ad-client=\"ca-pub-1422720793454724\" data-ad-slot=\"8343610496\"><\/ins><br \/>\n<script><br \/>\n(adsbygoogle = window.adsbygoogle || []).push({});<br \/>\n<\/script><br \/>\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script><br \/>\n<ins class=\"adsbygoogle\" style=\"display: block;\" data-ad-format=\"autorelaxed\" data-ad-client=\"ca-pub-1422720793454724\" data-ad-slot=\"9203601299\"><\/ins><br \/>\n<script><br \/>\n     (adsbygoogle = window.adsbygoogle || []).push({});<br \/>\n<\/script><\/p>\n<p>The Renaissance of Alessandro Dari\u201d (Modifica)\"><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Nirav Modi fled to London seeking asylum in Britain. The biggest scam ($ 2.2 billion) linked to the jewelery world &#x2666; \ufe0e When summer comes, you can read more books with thriller stories. But sometimes you do not need to buy a book, just read the news. Which, in this case, concern the world of jewelry. And we do not talk about the usual theft in a jewelery store or in a house. This booty is much higher: 1.77 billion dollars, maybe 2.2. Other than Ocean Eleven or similar. And the most shocking aspect is that the alleged perpetrator is<\/p>\n","protected":false},"author":8,"featured_media":9026,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4],"tags":[9,190,2139,3052],"class_list":["post-63902","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-diamanti","tag-india","tag-nirav-modi","tag-alta-gioielleria","style--link-1"],"acf":[],"_links":{"self":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts\/63902","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/comments?post=63902"}],"version-history":[{"count":2,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts\/63902\/revisions"}],"predecessor-version":[{"id":128492,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/posts\/63902\/revisions\/128492"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/media\/9026"}],"wp:attachment":[{"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/media?parent=63902"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/categories?post=63902"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gioiellis.com\/en\/wp-json\/wp\/v2\/tags?post=63902"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}