Not only banks, Nirav Modi also defrauded individuals with fake diamonds

Nirav Modi sold fake diamonds to Canadian national for $200,000

Nirav Modi's victims are not limited to banks as there are now cases that show he also defrauded individuals of thousands of dollars.

According to a report in the South China Morning Post, Nirav allegedly sold fake diamond rings to a Canadian national for US$200,000. His loss, the victim Paul Alfonso says, is not limited to money as it also cost him his girlfriend and pushed him into depression.

“This affected the relationship between my ex-fiancée and her family. They think that I went out and bought these fake rings and proposed to her,” the publication quoted Alfonso.

As per