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Where was it all coming from ?
On March 10, 2011 Nirav Modi obtained his first fraudulent guarantee from PNB and managed to get 1,212 more such guarantees over the next 74 months. He was doing that by simply bribing officials of Punjab National Bank.
 In 2014, his trade went slow and wasn’t making enough profit, so he started borrowing very heavily. This scam was
happening this carefully that nobody would ever suspect that a massive fraud was building up ...
 Then, how did this scam get busted ?
In 2017, one of the PNB officials retired and then on January 29, 2018, when Modi’s representative again turned up at the bank for more LoUs that is when newly appointed PNB officials got puzzled and after the research they got to know that more than 11,000 crores were siphoned off from the bank.
 

Nirav Modi immediately fled the country with his family members much before the FIR was filed. After a long run from the government, on March 20, 2019, He got arrested from Holborn metro station in London.
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