New Delhi, March 21 -- Now that London Police has finally arrested fugitive Nirav Modi- the man behind the 13,000 crore scam in India will probably be extradited to India for further probe in the multi-crore scam.
According to close sources, the scamster Nirav will be brought back to India and tried for multiple charges, Indiatoday reports .
The primary case against Nirav is fraudulently cheating the Punjab National Bank to a tune of Rs 13,000 Crores by colluding with certain bank officials in getting LoUs (letters of undertaking) issued and FLCs (foreign letters of credit),
Further investigation in the case also unearthed Nirav's fraudulent paperwork where he showed high values of Diamonds whereas sold cheap faulty diamonds.
The fraud ...