Modi, Mehul & Mehta Scammed & Scrammed’ under Modi Govt’s Watch


‘Art of Leaving’ after defrauding banks is the new culture!

After Modi (NiMo) + Mehul i.e. jewelers fom palanpur, Gujrat; another Palanpur jewelers i.e. Jatin Mehta has duped the banks, including Punjab National Bank, of Rs. 6,712 crore. This exposure of Rs. 6,712 crore is of three jatin Mehta’s companies i.e. ‘Winsome Diamonds and jewelry Limited’ , ‘Forever Precious jewellery & diamonds Limited’and’ su Raj diamonds’’. Methodology to dupe was same as that of Nirav Modi. Gold was imported based on Letters of Cresit issued by Indian banks. Jewelry was exported to 13 entities in Dubai, who refused to pay and the money vanished.

WARNING THAT BANKS IGNORED

  • Who is Jatin Mehta: Gujarat-based diamond After Modi (NiMo) + Mehul 3-TTt) i.e. merchant and owner of Winsom Diamonds jewelers from Palanpur, Gujarat,’ another Palanpur
  • Similarities with Nirav jeweler i.e. Jatin Mehta has duped the banks, including Modi: Took buyer’s credit without giving any collateral Punjab National Bank, of Rs.6,712 crore. This exposure and after failing to pay back, of Rs.6,712 crore is of three Jatin Mehta’s companies i.e. left the country
  • Loss to banks: More than ‘Winsome Diamonds and Jewelry Limited’, ‘Forever Rs 6.500 crore. PNB most Precious Jewellery & Diamonds Limited’ and ‘Su Raj affected with loss of more than As 1,700 crore Diamonds’. Methodology to dupe was same as that of Nirav Modi. Gold was imported based on Letters of Credit issued by Indian banks. Jewelry was exported to 13 entities in Dubai, who refused to pay and the money vanished.

Jatin Mehta and his wife conveniently fled from India, gave up Indian citizenship on 2nd June, 2016 and settled down as citizens of International Tax Heaven, St. Kitts and Nevis in the Caribbean with whom Government has no extradition treaty.

3 M’s- Modi, Mehul & Mehta have followed the same Modi’s operandi

Why did CBI register an FIR on 5th April, 2017 i.e. after a delay of 3’/2 years against Jatin Mehta, although the banks had lodged complaints with the CBI as early as February, 2014? Why has no Red Corner Interpol Notice been issued against Jatin Mehta, his wife and others till today by the Modi Government as also CBI/ED, although St. Kitts and Nevis is a signatory to Interpol?

Who is protecting Jatin Mehta? Does the protection emanate on account of his close relationship with an industrial house closest to the Prime Minister, Shri Narendra Modi through marriage of Jatin Mehta’s son?

 Fraud’, ‘Malfeasance’, ‘Bank Loot’,’ Cheating’ and ‘Swindling’ of Banks and Common People are getting unraveled every day, as PM and FM are on an indefinite ‘Maun Vrat’. Some ‘scandalous scams’ are:-

SCAMS GALORE

Bank of Baroda Forex Scam Rs.6,400 Cr
Vijay Mallya Bank Scam Rs 9,000 Cr
NiMo+Choksi Bank Loot Scam Rs 23,424 Cr
Mehul Choksi Jan Dhan Loot Yojana Rs 5,000 Cr
Vikram Kothari- Rotomac Scam Rs 3.695 Cr
Owarka Das Jewelers Bank Scam Rs 390 Cr
Canara Bank Scam Rs 515 Cr
Winsome Bank Loot Scam Rs 6.712Cr

RT1 exposes Scams worth Rs 19,311 Cr in Mumbai

Shocking information available through RTI on February 9, 2018, now reflects that under BJP Government’s watch, Frauds and Scams of Rs 19,317 Crore have been reported in India’s Economic Capital, i.e Economic Offences Wing, Mumbai alone in last 3 years. These are:-

2015 Rs 5,560.66 Cr.
2016 Rs 4,273.87 Cr.
2017 Rs 9,838.66 Cr.

What is even more astonishing is that 184 accused in these Scams and Frauds have escaped. Modi/Fadnavis Governments appear to have given a ‘one-way-ticket’ to ‘Cheat & Scoot’. Time to tell the people as to how many fraudsters have already left for foreign shores and tax heavens. Even more inexcusable is the factthat out of Rs 19,317 Cr, a pittance of Rs 2.50 Crore could be recovered. India Demands switch from ‘Nirav Modi’ (Silent Modi) to ‘Bol Modi’.