HUGEST BANK FRAUD IN INDIA!!
By Xavier Bage
@franxav (13599)
India
February 15, 2018 9:13am CST
It has come to light and TV channels have been blaring about it as the hottest news of the day that Punjab National Bank has been cheated of Rupees 11.5 thousand crore by a diamond tycoon, Nirav Modi.
It is the hugest bank fraud in the history of India. How it became possible in spite of all the security measures applied by the bank is the million dollar question.
Man, if I could rob this jewellery merchant, I would build a palace for myself and live happily hereafter!
6 people like this
8 responses
@Lignitecityabishek96 (7110)
• Cuddalore, India
15 Feb 18
can you please explain me clear.
2 people like this
@vandana7 (98685)
• India
15 Feb 18
@Lignitecityabishek96 I am writing a post on it.
1 person likes this
@louievill (28851)
• Philippines
15 Feb 18
I'm sure you won't live happily ever after, live shorter perhaps
2 people like this
@franxav (13599)
• India
16 Feb 18
It compels us to exclaim WOW! The Ministry of Finance and the bank officials are at a loss on what to say.
@vandana7 (98685)
• India
16 Feb 18
@franxav Actually it is dumb...oh so dumb thing. Ok...2011 to 2018 not even 2018 because the fraud was discovered in January 2018 so more or less 7 years.
Today, all his jewelry in shops is confiscated. All the unaccounted monies that was there at the various branches is confiscated. All the real estate he has been confiscated. So what does he have? Of all that money he could only have used and taken away less than 1/100th. That too he would not be able to spend. Had he done the business honestly, may be he would have earned more than that, and lived well forever.
@prashu228 (37526)
• India
15 Feb 18
hmm from morning every new channel is showing this..
2 people like this
@franxav (13599)
• India
16 Feb 18
He has business connections abroad too. People in other countries may have been affected by this scam.
