Nik Patel sentenced to 25 years in far-reaching Orlando loan fraud

Orlando area businessman Nikesh “Nik” Patel was sentenced Tuesday to 25 years in prison in a $179 million loan fraud scheme that lasted from 2010 to 2014.

In handing down the sentence in Chicago, U.S. District Judge Charles Kocoras said the scheme perpetrated by Patel was the biggest he’d seen…

Leave a Reply