KANSAS CITY, KAN. – A shocking case of bank fraud and immigration deceit has unfolded in Overland Park, where a married couple from India has been arrested on multiple counts of financial and citizenship-related crimes.
Ajay Dave, 60, and Parul Dave, 59, are scheduled to make an initial appearance in Kansas City, Kan., before Chief U.S. Magistrate Judge James P. O’Hara at 2:30 p.m. today. The couple, who live in Overland Park, is accused of providing false financial information and bogus tax returns to obtain a $417,000 mortgage loan in April 2010 from First Federal Bank in Overland Park.
The indictment further alleges that the couple engaged in similar conduct in July 2010 to obtain a $238,500 refinance of a home they own in Topeka, Kan., from Topeka’s Heritage Bank. If convicted, the defendants face up to 30 years in prison, $1 million in fines, and forfeiture of residential real estate identified in the case.
Additionally, the Daves are charged with two counts of making false statements on their applications to become U.S. citizens, and four counts related to obtaining their U.S. citizenship by fraud. Parul Dave became a U.S. citizen on October 26, 2012, while Ajay Dave was sworn in as a U.S. citizen on August 23, 2013.
The case arose from a joint investigation of the Kansas Department of Revenue; Homeland Security’s Citizenship and Immigration Services (Fraud Detection and National Security Office); Homeland Security Investigations; U.S. Office of Labor Racketeering and Fraud Investigation; Kansas Department of Labor Fraud Investigation Division; Kansas Alcoholic Beverage Control; and the Overland Park Police Department.
Assistant U.S. Attorney Brent Anderson is prosecuting the case. As in any criminal case, defendants are presumed innocent until and unless proven guilty. An indictment merely alleges criminal conduct and is the document by which prosecution of the case goes forward.
The alleged fraudulent activities of the Daves have sparked concerns about the integrity of the U.S. citizenship process. The case serves as a reminder of the importance of due diligence in financial transactions and the consequences of deceitful actions.
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Key Facts
- State: Kansas
- Category: Fraud & Financial Crimes
- Source: DOJ Press Release â†â€â€
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