An Indian man operating jewelery companies in New York has been sentenced to 30 months in jail for stealing customs duty for import of jewelery worth more than US $ 1.35 million and 30 months in other cases.
The American Attorney gave this information. Acting American Attorney Vikas Khanna said that Monishkumar Kirankumar Doshi Shah (40) of Mumbai and Jersey City, New Jersey conspired to conspiracy to do wire fraud (financial fraud related to the use of telecom or information technology) before American District Judge Esther Salas and A non-licenses obtained the defects in two-accused of assisting in the operation of the money remittance business received.
In addition to the jail sentence, the judge ordered the compensation of US $ 7,42,500 for the wire fraud scheme and for seizure of US $ 1,11,26,982.33 for wire fraud and unlicensed funds.
Additionally, the court also set a two -year monitoring period after release. According to court documents, from December 2019 to around April 2022, Shah was involved in a conspiracy to avoid duties on import of jewelery from Turkey and India.
