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A 50-year-old Indian-origin tech entrepreneur has been arrested in the US for an alleged investment scheme that defrauded more than 10,000 victims of over USD 45 million and netted him several luxury cars and real estate.
An Indian-origin entrepreneur with ambitious goals of developing virtual-world technologies has been arrested and charged by federal prosecutors in an alleged $45 million investment fraud scheme that targeted more than 10,000 people. Indian-Origin Entrepreneur, Neil Chandran, Arrested and Charged by Federal Prosecutors in US for $45 Million Fraud Scheme.
Chandran misused funds for personal benefits and also owned real estate properties in California and Nevada.
A 50-year-old Indian-origin tech entrepreneur has been arrested in the US for an alleged investment scheme that defrauded more than 10,000 victims of over $45 million and netted him several luxury cars and real estate.
Get latest articles and stories on World at LatestLY. A 50-year-old Indian-origin tech entrepreneur has been arrested in the US for an alleged investment scheme that defrauded more than 10,000 victims of over USD 45 million and netted him several luxury cars and real estate. World News | Indian-origin Man Arrested in US for Alleged USD 45 Million Investment Fraud.