Man accused of buying 39 Teslas via $45 million scam with apparent false ties to Elon Musk

Published by
The Mercury News

Authorities arrested a man Wednesday whom federal prosecutors accuse of running a $45 million scam that netted him 39 Teslas and allegedly included false claims that a billionaire electric car company founder — likely Tesla CEO Elon Musk — was involved in the investment scheme. In a federal grand jury indictment unsealed Wednesday, Neil Suresh Chandran, 50, is alleged to have defrauded more than 10,000 victims since June 2018 by claiming that at least one of his five cryptocurrency and virtual-reality companies “was about to be purchased by a consortium of wealthy buyers and thereby yield his …

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