‘submitted false applications to obtain COVID-19 relief money’: Indian-origin US businessman sentenced to six years for fraud

An Indian-origin businessman, Rahul Shah, has been sentenced to six years in prison for orchestrating a massive scheme to defraud banks and obtain over $55 million in commercial loans and pandemic relief funds. He was convicted on multiple federal counts, including bank fraud and money laundering, for submitting falsified financial documents and using stolen identities.