Indian-origin father and son's hotel empire in US accused of $100 million loan fraud

Regulators allege a ponzi-like structure across 14 properties.

This clone renders sample copy in place of the original report. The layout, typography and navigation mirror the newspaper's web edition so the page can be used as a working front-end reference.

Officials familiar with the matter said further details would be shared as they are confirmed. Follow the section page for continuing coverage and related reports filed through the day.

More context, reactions and analysis will be added to this story as it develops. Read the day's other headlines from the panel alongside.