Indian Students Sentenced to Federal Prison for Multi-Million Dollar Fraud
Two Indian nationals studying in the United States have been convicted and sentenced for their roles in elaborate fraud schemes that targeted elderly American citizens, resulting in losses totaling millions of dollars.
Kishan Rajeshkumar Patel: Over Five Years Behind Bars
Kishan Rajeshkumar Patel, aged 20, entered the US on a student visa and recently received a 63-month prison sentence after pleading guilty to conspiracy to commit money laundering. Patel was involved in a sophisticated online phishing scheme that impersonated US government officials to scare senior citizens into handing over cash and valuable items like gold.
The investigation revealed that Patel and his co-conspirators orchestrated a scam that defrauded at least 25 elderly victims of nearly $2.7 million. Authorities noted that Patel would receive the fraudulent money, share a portion with accomplices, and keep the rest for himself.
Patel was apprehended in Texas in August 2024 while trying to collect what he believed was a $130,000 payday from victims, and has remained in federal custody since his arrest.
Additional Defendant Awaits Sentencing
Patel's co-defendant, Dhruv Rajeshbhai Mangukiya, also an Indian student, pleaded guilty recently and is currently awaiting sentencing. Both exploited their visa status to carry out this damaging fraud and prey on vulnerable seniors by impersonating government officials and leveraging fears of legal consequences.
Similar Case Highlights Broader Issue
Earlier this year, another Indian student named Moinuddin Mohammed was sentenced to eight years in prison for a comparable scam involving nearly $6 million in defrauded funds from elderly victims. His case also featured impersonation and international money laundering components.
While authorities have confirmed the students held valid student visas, the educational institutions involved have not been publicly disclosed.
Authorities Issue Warnings to Protect Seniors
In light of these cases, US law enforcement agencies, including the Justice Department and FBI, continue urging older Americans to exercise caution when approached by unsolicited contacts claiming to be government or law enforcement representatives.
Experts emphasize that these scams often rely on intimidation tactics and urge seniors to verify identities before responding or sending money.
Key Takeaways:
- Kishan Rajeshkumar Patel sentenced to 63 months for conspiring in a money laundering scheme targeting seniors.
- Fraud scheme involved impersonation of government officials and phishing tactics.
- Victims lost close to $2.7 million in Patel’s case alone.
- Another Indian student was sentenced earlier this year to eight years for a similar scam involving $6 million.
- Authorities stress vigilance, especially among elderly Americans, against fraudulent calls and messages.
