Trio Convicted of $21 Million Fraud Plot Against NAB

Trio Convicted of $21 Million Fraud Plot Against NAB
A man walks past a branch of the National Australia Bank (NAB) in Melbourne, Australia, on May 6, 2021. William West/AFP via Getty Images
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Three people attempted to cheat National Australia Bank (NAB) out of more than $21 million (US$14.3 million) using fake vouchers and guarantees, a jury has found.

Monica Singh, 42, Davendar Deo, 68, and Srinivas Naidu Chamakuri, 51 were convicted on Sep. 20 of a myriad of fraud-related offences following a lengthy trial in the New South Wales (NSW) District Court.