Dinesh Sah, COVID-19 Relief Scheme, Texas 2026

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Texas Man Sentenced for $24M COVID-19 Relief Scheme

A Texas man has been sentenced to 11 years and 3 months in prison for his role in a $24.8 million COVID-19 relief scheme.

Dinesh Sah, 55, of Coppell, pleaded guilty on March 24, 2021, to his involvement in the scheme, which involved submitting 15 fraudulent applications to eight different lenders seeking approximately $24.8 million in Paycheck Protection Program (PPP) loans.

Sah claimed that the businesses he owned had numerous employees and hundreds of thousands of dollars in payroll expenses, but in reality, no business had employees or paid wages consistent with the amounts claimed on the PPP applications.

As part of his guilty plea, Sah agreed to forfeit eight homes, six luxury vehicles, and more than $9 million in fraudulent proceeds that the government has seized to date.

Sah received over $17 million in PPP loan funds and diverted the proceeds for his personal benefit, using them to purchase multiple homes, pay off mortgages on other homes, and buy luxury cars, including a Bentley convertible, Corvette Stingray, and Porsche Macan.

In addition to the prison sentence, Sah was ordered to pay $17,284,649.79 in restitution.

The case was investigated by the Dallas Field Offices of the FDIC-OIG, IRS-Criminal Investigation, and U.S. Treasury Inspector General for Tax Administration.

Assistant Deputy Chief Anna G. Kaminska of the Criminal Division’s Fraud Section and Section Chief Katherine Miller of the U.S. Attorney’s Office for the Northern District of Texas prosecuted the case.

Assistant U.S. Attorneys Erica Hilliard and Dimitri Rocha handled the asset-forfeiture component of the case.

Assistant Attorney General Kenneth A. Polite Jr. said, ‘Today’s sentence serves as a clear reminder that individuals who exploit COVID-relief programs to enrich themselves will be held accountable under the law.’

Acting U.S. Attorney Prerak Shah added, ‘Congress passed the Paycheck Protection Program to help struggling businesses stay afloat, not to fund faux entrepreneurs’ luxury lifestyles.’

Special Agent in Charge Christopher J. Altemus Jr. said, ‘This sentencing serves as a deterrent to all who would attempt to commit fraud against any of the COVID-19 relief programs.’

The Treasury Inspector General for Tax Administration said, ‘We aggressively pursue those who endeavor to defraud programs afforded to the American people under the CARES Act.’