A Shirley woman was sentenced Monday to 2 years of probation for helping steal nearly $12 million in pandemic business-relief loans and using some of the money to allow the wife of one co-conspirator to own a portion of a business.
Shikha Sehgal, 46, will serve no prison time because federal prosecutors in Manhattan said she provided valuable information that led to the conviction of her co-conspirators.
She was ordered to pay a fine of $10,000 plus restitution and forfeiture. The latter amounts will be determined in the future, said U.S. District Judge Analisa Torres.
Sehgal pleaded guilty in December to conspiracy to commit wire fraud. She had faced a maximum sentence of 30 years in prison, according to the office of the U.S. Attorney for the Southern District of New York.
Sehgal is