The United States authorities have arrested an Indian-American government employee on charges of 'grand larceny' for allegedly working a 'second, full-time job' during the hours he was being paid to perform his official duties as a state employee.
Nehal Modi, the younger brother of fugitive diamantaire Nirav Modi, has been arrested in the US based on extradition requests from the Enforcement Directorate and the CBI.
Vickram Bedi, 37, pleaded not guilty to the grand larceny charges at his arraignment on Wednesday, Westchester County District Attorney Janet DiFiore said.
US boxing champion was arrested on Friday in Las Vegas on suspicion of grand larceny and domestic battery after an ex-girlfriend accused him of beating her in front of their children, according to police and court documents.
Re-constructing what Mr Raju did, that was the key shortcoming in his plan for grand larceny. The more you think of what has happened to Satyam and its jailed chairman, the more obvious it becomes that the problem was the failure to realise that while he might get away with stealing eggs, the goose itself should not be killed.
Fifty-four-year old Cyril Kendall, who was given a sentence of 11 to 33 years in prison, lied to get $160,000 in charity funds.
Nehal, 41, is charged in a New York Supreme Court indictment with Grand Larceny in the First Degree, Manhattan District Attorney Cy Vance, Jr. said.
A "shocking" fraud involving 106 people, including former New York city cops and firefighters, who allegedly used the 9/11 terror attack disability benefits worth hundreds of millions of dollars to fund their lavish lifestyles, has been cracked by authorities in New York.
Does Abhijit Banerjee's Nobel Prize help India reduce extreme poverty, asks Rajeev Srinivasan.
