Nirav Modi: The Billionaire Who Left Before the Alarm Went Off

A bank branch. A messaging system. About $2 billion that never appeared in the books. This is the Nirav Modi and Punjab National Bank (PNB) fraud, India's biggest banking scam, explained step by step. How can a bank promise billions of dollars without its own records showing it for years? And why was the main suspect already out of the country when the fraud went public? This documentary breaks down how the Letter of Undertaking scheme allegedly worked, who was involved, and what is still unanswered today. ⏱️ CHAPTERS (adjust to your final edit) – The $1.77 billion announcement – Who is Nirav Modi? – What is a Letter of Undertaking (LoU)? – The gap between the ledger and SWIFT – Brady House branch, Mumbai – Evergreening: the loop that couldn't stop – A new employee asks for a safety deposit – January 2018: the timeline – Arrests, raids, and the RBI ban on LoUs – London arrest and the extradition fight – What was never resolved – What this reveals about banking incentives 📌 WHAT YOU'LL LEARN How a Letter of Undertaking (a bank's promise to pay) works Why SWIFT messages and a bank's core ledger are supposed to match What "evergreening" means (paying old debt with new debt) How the fraud was discovered in January 2018 What happened to the people and assets involved Which questions investigators and courts have not yet answered ⚠️ NOTE This video is based on public reporting, court filings, and statements from investigative agencies. Allegations are presented as allegations. Legal proceedings may have developed since this video was published. This is not financial or legal advice. 📚 SOURCES [Add your verified links here: PNB stock exchange disclosure, CBI/ED statements, court rulings, major news reports] 🔔 Subscribe for more investigative finance and business documentaries. #NiravModi #PNBScam #PunjabNationalBank #BankingFraud #FinancialCrime #IndiaScam #FinanceDocumentary #InvestigativeDocumentary #MehulChoksi #BusinessHistory