An Indian-American has been sentenced to 3 years of imprisonment in the United States for laundering money proceeds that defrauded senior voters.
US Lawyer for the Northern District of Illinois introduced the sentencing on Thursday. (Representational symbol)
An Indian-American has been sentenced to 3 years of imprisonment in the United States for laundering money proceeds from a telemarketing scheme that defrauded senior voters.
Hirenkumar P. Chaudhari, 29, of Illinois pleaded to blame closing 12 months to a federal cash laundering price, mentioned John R Lausch, US Lawyer for the Northern District of Illinois, as he introduced the sentencing on Thursday.
Chaudhri performed a pivotal function in a telemarketing scheme via laundering cash gained immediately from aged sufferers, he mentioned.
In step with federal prosecutors, Chaudhari used a phony Indian passport, false identify, and false cope with to open a couple of financial institution accounts in the United States to obtain cash from sufferers of the telemarketing scheme.
The rip-off concerned telephone calls from folks falsely claiming to be related to, amongst different companies, the Social Safety Management and US Division of Justice, pointing out {that a} sufferer’s id were stolen and that it used to be important to switch cash to quite a lot of financial institution accounts, together with the accounts opened via Chaudhari.
“Probably the most sufferers used to be a retired nurse from Massachusetts who transferred a complete of greater than USD 900,000 from her financial institution and retirement accounts to accounts managed via Chaudhari or others,” the Division of Justice mentioned.
“On April 19, 2018 sooner or later after Chaudhari opened an account and gained a USD 7,000 switch from the Massachusetts sufferer Chaudhari entered a financial institution department in Chicago and withdrew USD 6,500. Chaudhari engaged on this monetary transaction understanding that the cash represented proceeds of illegal process,” it mentioned.
— ENDS —