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CBI files new cheating case filed against fugitive Mehul Choksi

CBI registers fresh case against Mehul Choksi for defrauding IFCI of Rs 22 06 cr

Fugitive Choksi Faces New $3m Fraud Charge

Fugitive Choksi Faces New $3m Fraud Charge
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Mehul Choksi booked by CBI for duping IFCI of Rs22 crore

The Central Bureau of Investigation (CBI) on Monday said that they have lodged a new case against fugitive businessman Mehul Choksi and his company Gitanjali Gems for allegedly defrauding the Industrial Finance Corporation of India (IFCI) to the tune Rs 22 crore between 2014-18.

Mehul Choksi pledged lab diamonds with inflated valuation to get Rs 25 crore loan from IFCI: CBI

The CBI has filed a fresh case against absconding diamantaire Mehul Choksi, wanted along with his nephew Nirav Modi in a loan fraud case of Rs 13,500 crore, for allegedly inflating the value of diamonds and jewellery pledged to get Rs 25 crore loan from IFCI, officials said on Monday.

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