Sanjay Singh, 43, of Coral Springs, Florida, has been charged in South Florida federal court with orchestrating a $100 million investment fraud (Ponzi) scheme run through his over-the-road trucking company, Royal Bengal Logistics, Inc. (RBL).
Tag: “Ponzi”
Man arrested in Cary, North Carolina for defrauding Indian American community
Kumar Arun Neppalli, 56, was arrested on Tuesday in connection with an investment fraud scam following the unsealing of a 23-count indictment. Neppalli faces up to 20 years in prison per count and potential fines for defrauding members of the Indian American community.