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Nirav Modi’s plea on dismissing fraud allegations rejected by US court

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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.”

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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

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Cardi B criticizes husband Offset for cheating allegations.

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Cardi B criticizes husband Offset for cheating allegations.

Addressing Husband Offset’s Cheating Allegations

Celebrity relationships often face intense scrutiny, with the private lives of public figures frequently making headlines. Cardi B, the renowned rapper and entertainer, recently found herself in the spotlight once again, this time addressing cheating allegations involving her husband, Offset. In a candid and bold move, Cardi B openly criticized Offset for his alleged infidelity. In this blog post, we delve into the context of the situation and examine the significance of Cardi B’s response to the cheating allegations.

Cardi B and Offset, both well-known figures in the music industry, have had a tumultuous relationship that has been closely followed by fans and media alike. Previous instances of cheating allegations and subsequent reconciliations have kept their personal lives in the public eye. Now, faced with yet another round of accusations, Cardi B has chosen to address the matter head-on.

In a display of openness and honesty, Cardi B publicly criticized her husband, Offset, for the alleged cheating incidents. Through her social media presence, she expressed her disappointment and frustration, making it clear that infidelity was unacceptable. Cardi B’s candid criticism sent a powerful message, not only to her husband but to her millions of fans worldwide.

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Cardi B’s decision to publicly address the cheating allegations demonstrates her commitment to transparency and holding her partner accountable. By openly criticizing Offset, she challenges the common narrative that infidelity should be swept under the rug or excused due to celebrity status. Her response empowers others to assert their boundaries and expectations within relationships, fostering a dialogue about trust, respect, and fidelity.

Furthermore, Cardi B’s choice to address the issue publicly also highlights the complexities of navigating personal relationships under public scrutiny. Celebrities often face added pressure to maintain a certain image, and Cardi B’s willingness to address these challenges openly showcases her authenticity and vulnerability.

While Cardi B’s public criticism may be seen as a powerful stance against infidelity, it also raises questions about the future of her relationship with Offset. Only time will tell how they choose to address and resolve the allegations, as well as the impact it may have on their personal lives and careers. However, Cardi B’s firm response serves as a reminder that addressing issues within a relationship, regardless of public perception, is essential for personal growth and maintaining healthy boundaries.

Cardi B’s candid criticism of husband Offset in response to cheating allegations has sparked conversations about trust, accountability, and the complexities of public relationships. By openly addressing the issue, she encourages others to stand firm in their expectations and reinforces the importance of open dialogue in relationships. As Cardi B continues to navigate her personal journey, her candidness serves as a reminder that even public figures face challenges and must prioritize their own well-being and happiness.

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