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Indian national pleads guilty to role in USD 17 million bank fraud
short by Sanchita / on Thursday, 18 April, 2024
A 52-year-old Indian national, named Nitin Vats, pleaded guilty to participating in a scheme to defraud a US bank in connection with a USD 17 million secured line of credit, said US Attorney Philip R Sellinger. For this, Vats faces a maximum penalty of 30 years in prison and a fine of USD 1 million.
read more at Connected to India