NEW DELHI, INDIA — Monika Kapoor, an Indian woman who fled the country 25 years ago to evade prosecution in a financial fraud case, has been arrested in the United States and is being extradited back to India by the Central Bureau of Investigation (CBI).
Kapoor is accused of orchestrating a fraud involving ₹2.36 crore in a duty-free gold import-export business. Along with her two brothers, she allegedly forged documents to secure licenses for importing duty-free raw materials for their jewelry business. The fraudulent activities came to light in 2002, and a formal case was filed against her in 2006. However, she had evaded arrest until recently.
The US District Court for the Eastern District of New York approved her extradition, which was conducted under the bilateral treaty between India and the United States. The US Secretary of State, Marco Rubio, also sanctioned the warrant for her arrest.
Monika Kapoor left the US on an American Airlines flight and is expected to arrive in India late Wednesday night or early Thursday morning, where she will face legal proceedings.
The CBI continues to work closely with international agencies to bring fugitives to justice and uphold the rule of law.
