'submitted false applications to obtain Covid-19 relief money': Indian-origin US businessman sentenced to six years for fraud
An Indian-origin businessman, Rahul Shah, has been sentenced to six years in prison for orchestrating a massive scheme to defraud banks and obtain over $55 million in commercial loans and pandemic relief funds. He was convicted on multiple federal counts, including bank fraud and money laundering, for submitting falsified financial documents and using stolen identities.
An Indian-origin businessman, Rahul Shah, has been sentenced to six years in prison for orchestrating a massive scheme to defraud banks and obtain over $55 million in commercial loans and pandemic relief funds. He was convicted on multiple federal counts, including bank fraud and money laundering, for submitting falsified financial documents and using stolen identities.
