Financial Fraud: Hiteshkumar Patel Pleaded Guilty to Conspiracy to Commit Aggravated Identity Theft, Wire And Mail Fraud

<h2>South Abington Man Sentenced To Over 19 Years In Prison For Fraud And Identity Theft Scheme<&sol;h2>&NewLine;<p>SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced today that Hiteshkumar Patel&comma; age 52&comma; a resident of South Abington Township&comma; Pennsylvania&comma; was sentenced on August 9&comma; 2018&comma; by United States District Court Judge Robert D&period; Mariani to serve 234 months in prison on the charges of conspiracy and aggravated identity theft&period;<&sol;p>&NewLine;<p>According to United States Attorney David J&period; Freed&comma; Patel pleaded guilty to conspiracy to commit wire and mail fraud&comma; as well as aggravated <a href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;simple-steps-you-can-take-to-stop-identity-theft&sol;">identity theft<&sol;a> in November 2017&period; The investigation revealed that beginning in or about August 2015 through May 2016&comma; Patel was involved in a multi-faceted international conspiracy and devised a scheme to defraud that included individuals who falsely represented themselves as Internal Revenue Service &lpar;IRS&rpar; agents&comma; as well as individuals associated with an illegitimate online <a class&equals;"wpil&lowbar;keyword&lowbar;link" href&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;category&sol;loans&sol;" title&equals;"loan" data-wpil-keyword-link&equals;"linked" data-wpil-monitor-id&equals;"290">loan<&sol;a> business&period;<&sol;p>&NewLine;<p>Individuals who falsely claimed to represent the Internal Revenue Service &lpar;IRS&rpar; contacted unsuspecting victims throughout the United States&period; The victims were told that they had to immediately make a monetary payment in order to satisfy outstanding IRS tax debt and&sol;or IRS penalty fees&period; Victims were told that there would be severe consequences if they did not immediately comply&comma; such as federal agents knocking on their door&comma; notification to employers&comma; garnishment of wages&comma; and even arrest&period;<&sol;p>&NewLine;<p><img class&equals;"alignleft size-medium wp-image-101651" src&equals;"https&colon;&sol;&sol;www&period;fraudswatch&period;com&sol;wp-content&sol;uploads&sol;2018&sol;08&sol;South-Abington-Man-Sentenced-To-Over-19-Years-In-Prison-For-Fraud-And-Identity-Theft-Scheme-300x152&period;jpg" alt&equals;"" width&equals;"300" height&equals;"152" &sol;>Victims of the online loan fraud scheme were instructed that in order to receive the proceeds of their online loan application&comma; they had to first make monetary payments associated with the processing of the application&comma; such as fees for expediting the loan and insurance&period; Some victims of the loan fraud scheme were also told that outstanding IRS debt had to be satisfied before their loan application could be processed&period;<&sol;p>&NewLine;<p>All of the victims were instructed to remit monetary payments to a number of different individuals via the U&period;S&period; Mail&comma; Western Union&comma; MoneyGram&comma; and&sol;or RIA &lpar;Walmart to Walmart&rpar;&period; The monetary payments were received by Patel&comma; or by members of the unlawful telemarketing organization and unindicted co-conspirators&period; The investigation identified 634 individuals directly tied to Patel’s criminal conduct from across the country&period; The victims collectively sustained a loss of nearly &dollar;900&comma;000&period;<&sol;p>&NewLine;<p>At sentencing&comma; Judge Mariani stated that &OpenCurlyDoubleQuote;Telephone schemes and online fraud have become a scourge in our society&period;” He described Patel’s crimes as &OpenCurlyDoubleQuote;reprehensible” and &OpenCurlyDoubleQuote;lacking in human decency&period;”<&sol;p>&NewLine;<p>In addition to the prison term&comma; Judge Mariani ordered that Patel be supervised by a probation officer for three years following his release from prison and further ordered that Patel pay restitution in the amount of &dollar;896&comma;112&period;33&period;<&sol;p>&NewLine;<p>Patel was indicted by a federal grand jury on June 20&comma; 2017&comma; after an investigation jointly conducted by the United States Postal Inspection Service&comma; the Department of the Treasury &&num;8211&semi; Treasury Inspector General&comma; and the South Abington and Scranton Police Departments&period; Assistant United States Attorney Michelle Olshefski prosecuted the case&period;<&sol;p>&NewLine;<p><a href&equals;"https&colon;&sol;&sol;www&period;justice&period;gov&sol;usao-mdpa&sol;pr&sol;south-abington-man-sentenced-over-19-years-prison-fraud-and-identity-theft-scheme">Original PressReleases&period;&period;<&sol;a><&sol;p>&NewLine;

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