Indian-origin father and son’s hotel empire in US accused of $100 million loan fraud and ponzi-like scheme
DOJ has filed a civil complaint against father-son duo Pankaj Sheth and Rajan Sheth. An Indian-origin family running a hotel business in the US secured more than $100 million in loans over nearly three decades despite a history of loan defaults, bankruptcies and court judgments, according to a civil complaint filed by the US Department…