Bigger India
Chicago Man Sentenced For Millions of Dollars of Fraud on New York Company
The evidence at trial also demonstrated that Jergensen and Ghosh misappropriated an additional $2.4 million in funds that other businesses had entrusted to them, the press release said.
An Indian-American man from Chicago was the second person to be sentenced for defrauding a New York company of millions of dollars.
Debashis Ghosh, 54, of Chicago, Illinois, was sentenced April 16, to 57 months in prison, to be followed by 3 years of supervised release, for conspiring to defraud a Plattsburgh, New York, company of $2.5 million.