Subrata Roy, who founded Indian conglomerate Sahara, was arrested in 2014 after his company failed to comply with a court order to refund 360 billion rupees raised from millions of small investors by selling them bonds later ruled to be illegal. He has been on bail since 2016.
Vijay Mallya is an accused in a bank loan default case of over Rs 9,000 crore involving his defunct Kingfisher Airlines. The businessman, with interests ranging from aviation to liquor, is presently in the UK and is fighting his extradition to India.
Diamond magnate Nirav Modi fled India in 2018 before details of his alleged involvement in large-scale fraud at the Punjab National Bank became public. He was arrested in Britain in March 2019 and has been in custody since then.
Fugitive jeweler Mehul Choksi is wanted in India's largest bank fraud case. He is one of the main defendants in the $2 billion fraud at Punjab National Bank and had been living in Antigua and Barbuda after fleeing India before the fraud came to light. Nirav Modi is his nephew.
Anil Ambani, the chairman of Reliance Industries, declared in 2020 that he was bankrupt. He is the younger brother of Mukesh Ambani, the richest person in Asia.