crime

High-Profile Fraud Case: Court Sentences Ex-CEO to 15 Years in Prison

Summary

On February 18, 2026, a district court sentenced former tech CEO Rajiv Mehta to 15 years in prison for orchestrating a $120 million corporate fraud. The verdict follows a three-yea

On February 18, 2026, a district court sentenced former tech CEO Rajiv Mehta to 15 years in prison for orchestrating a $120 million corporate fraud. The verdict follows a three-year investigation into Mehta’s company, TechNova, accused of falsifying financial statements and misleading investors. The court also imposed a $50 million fine and ordered asset seizure. Prosecutors hailed the ruling as a victory against white-collar crime, emphasizing the case’s impact on restoring investor confidence. Mehta’s defense has announced plans to appeal. The verdict marks one of the harshest sentences in recent corporate fraud cases, according to ANI.
5d agoVerified by Vishvendra
High-Profile Fraud Case: Court Sentences Ex-CEO to 15 Years in Prison

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