New Jersey Man Sentenced in Multi-Million Dollar Bank Fraud Conspiracy

A New Jersey man is heading to federal prison for his role in a multi-million-dollar bank fraud conspiracy. Rajendra G. Parikh has been sentenced to two years in prison, convicted of fraudulently obtaining more than $35 million in SBA-guaranteed loans from financial institutions to purchase and flip hotels. The FDIC Office of Inspector General says […] The post New Jersey Man Sentenced in Multi-Million Dollar Bank Fraud Conspiracy appeared first on The Daily Hodl.