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Indian-origin tech businessman arrested for ₹356 crore investment fraud in US
short by Sakshita Khosla / on Friday, 1 July, 2022
A 50-year-old Indian-origin tech entrepreneur has been arrested in US for a $45 million (around ₹356 crore) investment fraud in which he allegedly cheated more than 10,000 people. Neil Chandran used a group of technology firms that he owned in a scheme to defraud investors. He promised extremely high returns by claiming his companies will be acquired by wealthy buyers.
read more at Free Press Journal