Activists of the youth wing of India's main opposition Congress party burn a cut-out with an image of billionaire jeweller Nirav Modi during a protest inأٹMumbai, India, February 23, 2018. REUTERS/Francis Mascarenhas
Your feedback is important to us!
We invite all our readers to share with us their views and comments about this article.
Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.
Alert: If you are facing problems with posting comments, please note that you must verify your email with Disqus prior to posting a comment. follow this link to make sure your account meets the requirements. (http://bit.ly/vDisqus)
Potential buyers have expressed strong early interest in a bankrupt U.S. firm of Indian jeweler Nirav Modi, who has been accused of involvement in a $2 billion bank fraud in India, court filings show.Indian investigators have, however, attached or seized assets belonging to Modi and his companies. Firestar is not named in the police complaint.India's Central Bureau of Investigation has arrested at least 13 people, seven from the bank and six from Modi and Choksi's companies.Firestar Diamond was formed as a Delaware corporation in 2004 under the name Jewelry Solutions International.The company is a wholly-owned subsidiary of Firestar Group, which in turn is wholly owned by Synergies Corp.
FOLLOW THIS ARTICLE