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Home » Investor tied to troubled bank loans charged with fraud by US

Investor tied to troubled bank loans charged with fraud by US

Western Alliance Bancorp accused of almost $100M fraud

Bloomberg NewsbyBloomberg News
June 11, 2026
in Risk Management
Reading Time: 2 mins read
0
Investor tied to troubled bank loans charged with fraud by US

(Courtesy/Bloomberg)

A California real estate investor whose firm was accused by Western Alliance Bancorp of an almost $100 million fraud was criminally charged by the US, the latest fallout from a portfolio of commercial properties that sparked credit concerns at several banks last year. Mahender Makhijani, 44, was charged Wednesday with bank fraud for allegedly falsifying […]

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