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Dubai-based Indian billionaire Balvinder Singh Sahni, known for his lavish lifestyle, has been sentenced to five years in prison for his involvement in money laundering through a criminal network. Sahni was fined Dh500,000 (₹1 crore) and ordered to pay a hefty fine after laundering Dh150 million (₹344 crore) through shell companies and suspicious transactions. Additionally, his assets, including funds, electronic devices, and financial records, have been confiscated. Sahni, who is also the founder of a property management firm, gained public attention for his extravagant purchases, including a black Bugatti, which he kept to ward off the “evil eye.”
