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India added 15 fugitives, including Mallya and Modi, to its economic offender list over $7 billion in bank fraud losses.
As of October 31, 2025, India has declared 15 individuals, including Vijay Mallya and Nirav Modi, as Fugitive Economic Offenders under the FEO Act, 2018, for allegedly causing over ₹58,000 crore in losses to public sector banks, with ₹26,645 crore in principal and ₹31,437 crore in accrued interest.
Nine of the 15 are linked to major bank frauds.
The government has recovered ₹19,187 crore so far.
No new preventive policies are being developed to stop such individuals from fleeing.
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India agregó 15 fugitivos, incluidos Mallya y Modi, a su lista de delincuentes económicos con más de $7 mil millones en pérdidas por fraude bancario.