Three Indian-origin businessmen who swindled banks in Britain and the United States of more than 300 million pounds by pretending to run a worldwide metal trading empire have been sentenced to nearly 25 years in jail. Virendra Rastogi (39), Anand Jain (43) and Gautam Majumdar (57), ex-directors of metal trading business RBG Resources, were convicted at London's Southwark Crown Court of conspiracy to defraud on 23 April.
Virendra Rastogi, wanted by the Central Bureau of Investigation in the multi-crore duty drawback scam, has been arrested in London and charged by the police with preventing the course of justice.
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