real estate scam

Indian businessman arrested in California over $100 million bank fraud; threatened to ‘kill’ employees if they disobeyed

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Indian businessman arrested in California over $100 million bank fraud; threatened to 'kill' employees if they disobeyed

Federal authorities have arrested Indian-born businessman Mahender Makhijani, accusing him of defrauding a bank of nearly $100 million through a scheme involving falsified real estate documents and misleading financial records.The 44-year-old man is a legal permanent resident from India and lives in Corona del Mar, California. He was taken into custody on Wednesday and charged … Read more

ED charges Anil’s aide in RCom money laundering case

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ED charges Anil's aide in RCom money laundering case

New Delhi: law enforcement bureau A chargesheet has been filed before a special court here against Punit Garg, who Anil Ambaniin an investigation into money laundering Reliance Communications (RCom).RCom, Ambani, his close associates and some family members are under investigation for the purchase and sale of an apartment in Manhattan, New York, worth over Rs … Read more