Bad Boy Billionaires: India Season 1 Episode 2 Diamonds Aren't Forever

Bad Boy Billionaires: India season 1 episode 2, titled "Diamonds Aren't Forever," delves into the story of diamond merchant Nirav Modi, who was once known as the "diamond king" of India before his downfall in 2018. The episode begins by tracing Modi's humble beginnings as the son of a diamond merchant and how he started his own diamond business.

Modi's business acumen is showcased as he quickly rises to become one of the most successful diamond merchants in India. The episode also sheds light on Modi's lavish lifestyle, which included owning multiple properties across the globe and hobnobbing with the rich and famous.

However, Modi's downfall began with the 2011 global recession, which heavily impacted the diamond industry. The episode details how Modi resorted to unethical practices, such as inflating the value of his diamonds, to stay afloat during the tough times.

The main focus of the episode is on the $2 billion Punjab National Bank (PNB) scam, which shook the country in 2018 and led to Modi fleeing the country. The episode explains how Modi and his accomplices managed to pull off the biggest banking fraud in India's history, which involved obtaining fraudulent letters of undertaking from PNB.

The episode features interviews with various experts, including journalists and lawyers, who provide their insights on the case and how Modi managed to evade the law for so long. The episode also includes interviews with victims of the scam, who recount their harrowing experiences of losing their hard-earned money to Modi's fraudulent scheme.

Overall, "Diamonds Aren't Forever" provides a compelling portrayal of Modi's rise and fall, shedding light on the corruption and unethical practices that plague India's booming business industry. The episode is a must-watch for anyone interested in the notorious PNB scam and the man behind it.