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The Times of India
The Times of India
World
TOI World Desk

Indian-origin man in US steals $1 million in loan fraud, buys land in Fresno with pandemic relief money

An Indian-origin man in California has been sentenced to 14 months in prison for defrauding the government's Paycheck Protection Program Loan. 37-year-old Gurjeet Bath has also been ordered to pay a $100,000 criminal fine. Bath applied for this loan, which was made available to small business owners to cope with the pandemic loss, so that they could pay their employees' salaries. Bath inflated the salaries of his employees and submitted false records to get $1 million loan.

According to court documents, Bath then used those funds to purchase two parcels of agricultural land in Fresno County.

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