Nilesh Pandya, 54, Pleads Guilty to Money Laundering in Multi-Million Dollar Scam
Nilesh Pandya, 54, of Stafford, Texas, pleaded guilty to one count of conspiracy to commit fraud and money laundering in a multi-million dollar scam targeting U.S. victims.
According to the indictment, Pandya liquidated and laundered victim payments generated through a massive telephone impersonation fraud scheme perpetrated by India-based call centers.
As a runner, Pandya used stored value cards to buy money orders and deposit them into various bank accounts.
The scam, which began in June 2012, involved call centers in Ahmedabad, India, impersonating officials from the IRS and U.S. Citizenship and Immigration Services (USCIS) in order to defraud victims located throughout the U.S.
Victims who agreed to pay the scammers were instructed how to provide payment, including by purchasing stored value cards or wiring money.
Pandya’s guilty plea is the latest development in a case that has seen 13 defendants plead guilty thus far.
Pandya is currently awaiting sentencing and faces deportation after his sentence is served.
Key Facts
- State: Texas
- Category: White Collar Crime
- Source: DOJ Press Release â†â€â€
ðŸâ€Â’ Get the grimiest stories delivered weekly. Subscribe free →
