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Nehal Modi Caught: Brother of Fugitive Nirav Modi Arrested in USA!


Nehal Modi Caught: Brother of Fugitive Nirav Modi Arrested in USA!

In a significant development related to India's high-profile PNB financial scam, Nehal Modi, the younger brother of fugitive diamantaire Nirav Modi, has been arrested in the United States. The arrest reportedly came after appeals and requests were made by India's investigative agencies, the Central Bureau of Investigation (CBI) and the Enforcement Directorate (ED).Sources indicate that Nehal Modi faces charges concerning the defrauding of a major US diamond company. This accusation ties him directly into the wider alleged fraudulent activities orchestrated by his brother, Nirav Modi, which caused massive losses to the Punjab National Bank (PNB).Nehal Modi Caught: Brother of Fugitive Nirav Modi Arrested in USA!The joint efforts by the CBI and ED to bring the accused individuals involved in the scam to justice continue to yield results internationally. Nehal Modi's arrest in the US is seen as another crucial step in dismantling the alleged financial crime network and recovering the assets believed to have been illicitly acquired. The exact nature of the fraud against the US diamond company is still being detailed, but it further underscores the cross-border nature of the financial crimes attributed to the Modi family.

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