Indian-origin Sital Singh sentenced to 4 years in US for .3 million elderly fraud scheme; The court ordered him to pay .6 million in compensation

Indian-origin Sital Singh sentenced to 4 years in US for $9.3 million elderly fraud scheme; The court ordered him to pay $6.6 million in compensation

A US court has sentenced Indian-origin Sital Singh to four years in prison for his role in a multimillion-dollar fraud scheme that targeted elderly victims across the country. On Thursday, Singh, 43, was also ordered to pay $6.6 million in compensation. Prosecutors said the scheme, operated in coordination with foreign scammers, defrauded victims of approximately $9.3 million, according to the U.S. Attorney’s Office.Singh, Dariona Lambert, 24, Jhamonic Stevens, 24, Chintankumar Parekh, 52, and Mehulkumar Darzi, 42, all pleaded guilty to one count of conspiracy to commit wire fraud.He worked as a “handler”, coordinating the collection of gold bars and coins that the victims were duped into purchasing. Scam callers posing as officials falsely claim that victims’ financial accounts have been compromised and pressure them to convert savings into gold for “protection.”Two co-accused, identified as couriers, physically collected the gold from the victims, while Singh and other operators managed the logistics and payments. The network operated in at least ten states, targeting vulnerable, elderly individuals, officials said.In one example, an 82-year-old woman in St. Louis was persuaded to purchase $250,000 worth of gold before law enforcement intervened during a pickup attempt.Federal investigators said the scandal would have devastating consequences. “These crimes robbed elderly victims of their life savings,” FBI officials said, citing those cases.All five accused have now been sentenced, with Singh and two others receiving four years in prison. Authorities said some co-conspirators face deportation after completing their sentences.

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