123rf.com Sanita Devi Singh, 39, and Vimlesh Vikash Chand, 39, thought they had found a "golden goose" in a factoring provider they provided false invoices to. The couple were running a business importing goods, that they then sold to other businesses in the local Indian community, when they began employing the services of a small debt factoring company that they decided to fleece. Once the customer pays up, the debt factoring company gives the remaining 20 per cent of the invoice, less their provider's fee. However, the invoices Singh and Chand submitted to their victims were frequently fictional, and the invoice money they obtained was totally unearned. "I suspect that by having Singh plead guilty, you hoped to escape the blame.

Source: Stuff October 27, 2019 02:41 UTC