Business StandardCenter·
Indian-American arrested in California over alleged $100 million bank fraud
A 44-year-old Indian-American man was arrested in California for allegedly defrauding a bank of nearly USD 100 million by manipulating title records of insurance policies. Mahender Makhijani has been living in the US on a Green Card and faces a maximum sentence of 30 years in prison if convicted. "Mahender Makhijani, a lawful permanent resident from India living in Corona del Mar, was arrested this (Wednesday) morning on a federal criminal complaint charging him with defrauding a bank out of ne…
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