India, May 4 -- Defrauding, deceiving, fleecing, and cheating are not just words; they are a way of life for many businessmen and business houses in India. Once in a while, information about fraud trickles out and then dies away. The amusing part is that the mainline media does not even speak or write about it. These well-educated, well-placed and well-accepted public businessmen and firms swindle common citizens of their hard-earned money. Yet none of them is punished under stringent laws because they remain close to power centres.

Let us take the example of Nirav Deepak Modi. In August 2018, Interpol and the Indian government filed charges against him for illicit breach of confidence, deception, dishonesty, corruption, criminal conspi...