International News
Nirav Modi’s plea on dismissing fraud allegations rejected by US court
On October 15, the U.S. Bankruptcy Court for the Southern District of New York rejected his and his associates’ request to dismiss the fraud charges against them. This was another setback for the fugitive diamond dealer Nirav Modi. Basically, Firestar Diamond, Inc., Fantasy, Inc. and A. Jaffe, Inc.-three U.S. companies indirectly owned by Modi, sought protection under the bankruptcy law approximately one month after the Punjab National Bank filed a lawsuit against him and other entities Large-scale bank fraud. After failing to sell the debtor’s assets, the court appointed Richard Levin as the trustee of the aforementioned company in mid-2018.
Levine filed a lawsuit in March 2019 against Nirav Modi, Mihir Bhansali, who is the director and chief executive officer of these companies, and Ajay Gandhi, who is their chief financial officer. The company and its assets have a 6-year “extensive international fraud, money laundering and embezzlement scheme”.
In Wandsworth Prison in the United Kingdom, Modi was accused of being the main beneficiary of the fraudulent issuance of a pledge, which was part of a conspiracy to defraud PNB of up to Rs 13,570 crore. The court held that the complainant’s argument was reasonable.
“Although the revised complaint described bank fraud against PNB, it also accused the defendant of direct fraud against the debtor.”
In a clear prosecution against Modi, it added: “The defendant’s obstructive behavior apparently contributed to the ongoing fraudulent plan at the time, rather than merely covering up the previously completed plan, thereby satisfying the continuity requirements for the establishment of the model. RICO (Racketeer Influenced and Corrupt Organizations).” The US court instructed the trustee Richard Levine to submit a proposed order and serve copies of it to the lawyers of all three defendants.
News Source : Republicworld.com
Music
Korean soloist IU sues ex-classmate and 180 others over online harassment, deepfakes, and slander
IU’s agency, EDAM, reports ongoing court proceedings and additional charges as they address severe online threats against her.
Korean singer-songwriter IU, also known as Lee Ji Eun, has taken decisive legal action against over 180 individuals involved in cyberbullying. These legal proceedings, initiated in 2023, are ongoing, with some cases already reaching the formal court hearing stage, according to the recent update from the agency.
The accusations against these individuals range from severe harassment, including threats and defamation, to the creation and distribution of harmful deepfake content. IU’s agency has cited the gravity of these offenses, which they believe meet the criteria for criminal charges
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IU files legal lawsuit against 180 individuals over cyber bullying
K-pop idols and celebrities frequently face online harassment, often seen as the darker side of fandom culture. In some cases, cyberstalking escalates to the point where idols are subjected to physical threats. On November 11 (KST), EDAM issued a statement announcing they had filed complaints citing severe harassment cases.
“Our agency, in collaboration with a law firm, has filed complaints targeting those who have engaged in criminal acts, including threats, defamation, malicious false accusations of plagiarism, death threats, privacy violations, sexual harassment, distribution of obscene content, creation and distribution of illegal deepfake materials and other illegal activities,” EDAM ent said in an official statement according to the Korea Times.
IU sues ex-classmate for cyber bullying
According to insiders, in addition to the 180 lawsuits already filed, more charges are lined up. One individual accused in the case also involves the singer’s former classmate. “Among them, there is one individual who is presumed to be a middle school classmate of IU. Despite the ongoing case, it has been found that they continue to harass IU. So, we are responding,” EDAM said.
The case which grabbed a lot of limelight back in 2023 resulted in a major controversy and has so far resulted in six fines, three cases with mandatory education, and one case with probation, according to the agency. Among these cases are accusations from April and May last year, where the singer was targeted with baseless claims of plagiarism.
EDAM also highlighted a particular case where IU faced serious online harassment, including false rumors, sexual harassment, and death threats. Prosecutors have requested a fine of 3 million won (about $2,240) for the person involved. The individual is reportedly appealing the sentence, with a formal trial yet to take place.
EDAM revealed that it has collaborated with “relevant” sources to track individuals using foreign IP addresses or living abroad in attempts to avoid legal trouble. In one case, a suspect accused IU of espionage, claiming she was a spy. However, progress has been delayed as the suspect has continually refused to appear for questioning. This case has now been handed over to the prosecution for further investigation.
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