Fraud charges against Indian-American businessman dropped

He says the bank’s response was motivated by underlying bigotry against his Indian American family, despite the fact that they had banked with it for 20 years

Fraud charges against Indian-American businessman dropped
Golden Coral

Adirondack Trust Co. had sued an Indian American businessman in New York for allegedly misusing $1.9 million in federal Covid-19 loans, but bank executives have now said they discovered no proof of fraud.

Last October, Adirondack Trust sued Niral Patel, owner of the Comfort Inn & Suites in Saratoga Springs as well as Golden Corral in Wilton and other franchisees across New York and New Jersey.