Skip to content

India Inc Blog

Eye on the India Inc takeover

Menu
  • Home
  • Tell Your Story
  • Racist Organizations
  • About Us
  • Privacy Policy
  • Merch
Menu

Indian CEO charged in US for alleged $66 mil accounting fraud

Posted on June 11, 2019

The Indian Mafia strikes again. Another India Inc CEO gangster has been caught doing mega crime.

And this goes on in the US much more than anyone suspects.

So much for Indians’ constant claims that they “never commit even a single crime once, whatsoever”.

They’re mobsters.

Indian CEO charged in U.S. for alleged $66 million accounting fraud scheme

The CEO of a publicly traded commodities trading company was indicted for allegedly orchestrating an accounting scheme to defraud investors and others by recognizing more than $66 million in fake revenue in the company’s public filings.

The indictment announced June 5, by U.S. Attorney for the District of New Jersey, Craig Carpenito says Venkata Meenavalli, 49, of India, was charged with securities fraud. The count of securities fraud with which Meenavalli is charged carries a maximum potential penalty of 20 years in prison and a $5 million fine.

Recent Posts

  • Dramatic Footage Reveals Boeing 737 Tanker Crash In Australia
  • Shivaji statue goes missing from CA park
  • H-1B-invaded Boeing to shitcan 2,000 in finance and HR
  • watchOS 9.3 causes “horrendous” battery drain on Apple Watch
  • All Hail Texas Socialism

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019

Categories

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org
©2023 India Inc Blog | Design: Newspaperly WordPress Theme