Two Indian-Americans sentenced for massive credit card fraud

WASHINGTON: Two Indian-American jewellery store owners have been sentenced by a New Jersey court to over a year in jail and a year of house arrest in a $200 million international credit card fraud scheme, one of the largest ever charged by US authorities. Vijay Verma, 49, and Tarsem Lal, 78, owners of a jewellery store in New Jersey, have been sentenced to 14 months in prison and 12 months of home confinement, respectively. PTI