An Indian American attorney who once ran for a seat in the US House of Representatives has been indicted by a federal jury in Boston for defrauding clients of more than $5 million in escrow funds. Abhijit “Beej” Das, 50, was arrested and indicted in June in connection with a scheme to defraud a business-to-business supply company based in India of millions of dollars, and using client funds for business and personal expenses, including the purchase of a $2.7 million house in Florida.
Internationally acclaimed Indian American chef Maneet Chauhan joined the Trotter Project as a newly elected board member. Along with Chauhan another internationally acclaimed chef, restaurateur, and author, Janie Brooks Heuck, Managing Director of Brooks Wine was also elected to the Trotter Project’s Board of Directors on April 5.
Global tech venture capital (VC) firms continue to put large sums of money into Indian tech companies despite a challenging global economic climate, a recent report conducted by Dealroom and London & Partners revealed. India ranked fourth globally with $24.1 billion worth of VC investments in 2022, the report said.