Man Accused of Draining Nearly $100,000,000 From California Bank in Scheme ‘Designed to Deceive at Every Turn’

{"id":"https://dailyhodl.com/?p=361546","title":"Man Accused of Draining Nearly $100,000,000 From California Bank in Scheme ‘Designed to Deceive at Every Turn’","primaryLink":"https://dailyhodl.com/2026/06/15/man-accused-of-draining-nearly-100000000-from-california-bank-in-scheme-designed-to-deceive-at-every-turn/","links":["https://dailyhodl.com/2026/06/15/man-accused-of-draining-nearly-100000000-from-california-bank-in-scheme-designed-to-deceive-at-every-turn/"],"updatedOn":"0001-01-01 00:00:00Z","publishDate":"2026-06-15 07:04:05Z","summary":"

A California man is facing federal charges for allegedly defrauding a bank out of nearly $100 million. The U.S. Department of Justice says 44-year-old Mahender Makhijani of Corona del Mar orchestrated a scheme involving manipulated title policies and shell companies. Prosecutors allege he falsified title insurance records, concealed true lien positions and used a network of […]

\n

The post Man Accused of Draining Nearly $100,000,000 From California Bank in Scheme ‘Designed to Deceive at Every Turn’ appeared first on The Daily Hodl.

\n","copyright":"","categories":["Scams, Hacks & Breaches","bank","California","fraud","million","money","News","scam"]}