Feds snare Newport Beach financier who ‘bilked $100M to fund private jets, fleet of supercars and sex-fueled mega parties’
Video and photo evidence collected by prosecutors showed Makhijani in shades and designer clothes as he calmly directed his thugs to attack security guards.
Opening excerpt (first ~120 words) tap to expand
Metro exclusive Feds snare Newport Beach financier who ‘bilked $100M to fund private jets, fleet of supercars and sex-fueled mega parties’ By Ben Chapman Published June 10, 2026, 10:14 a.m. ET See more of our coverage in your search results. Add The California Post on Google Federal agents swooped early Wednesday morning on the Orange County mansion of a slick Indian financier accused of bilking a local bank out of almost $100 million. With automatic weapons dawn, G-men in tactical gear pounced on Mahender Makhijani, 44, at his plush home on Montecito Drive in the exclusive coastal enclave of Corona del Mar in Newport Beach. Agents with guns and a shield breached the mansion’s gate and pounded on the front door. “Police with a warrant – Come to the door!” yelled an agent.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at California Post.
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