The Market Access program reimburses food producers up to half the costs of marketing their products internationally. Mushtaq Mistry falsely told the program he had paid for TV ads in Dubai to promote Salwa Foods in the United Arab Emirates, but no ads were ever purchased, prosecutors said.
The loss attributable to the false claims totaled about $300,000, prosecutors said.
As part of the scheme, the couple allegedly transferred funds to companies owned by the wife, who then obtained checks drawn on their accounts and payable to the Dubai TV networks.
But the checks were never delivered to the TV networks, prosecutors said. Waheeda Mistry re-deposited the funds in her companies’ accounts and transferred the money back to Salwa Foods, they said.
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