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Nirav Modi is a billionaire jeweler whose luxury stores and boutiques are located in New York, Hong Kong, Macau and India. He is being investigated in connection with a $1.8 billion bank fraud in India.

Indian firm Cyril Amarchand Mangaldas, the largest law firm in India, was raided in late February by government authorities in connection with one of the largest cases of bank fraud in the country, according to media reports.

The Central Bureau of Investigation of India—the nation’s equivalent of the FBI in the United States—visited Cyril Amarchand’s head office in Mumbai last week and took documents related to firm client Nirav Modi, a billionaire jeweler, local press outlets Legally India and Bar & Bench reported.

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Anna Zhang

Anna Zhang is the Hong Kong-based Asia Bureau Chief for Law.com International. She writes about lawyers and legal issues across Asia. Her coverage includes the business of law, global and domestic law firms, in-house legal departments and regulatory issues. She can be reached at [email protected]

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