8 min readNew DelhiSep 22, 2026 07:00 AM IST First published on: Sep 22, 2026 at 07:00 AM ISTLast September, Sanjiv Rao made an investment of Rs 1.08 lakh in a Delhi-based company that he had been introduced to through a friend who had already invested in it.The company, VPVV Techno Construction Pvt. Ltd., had told them it was recognised as ‘Principal Developer’ by the Federal Government of the United States of America and the United States Department of Defence (DOD) to implement a massive infrastructure and development initiative under an ‘Indo-US Pacific Peace Treaty’ project.