The United States Attorney for the Southern District of New York, Damian Williams, announced today that Jennifer Shah was sentenced to 78 months in prison by United States District Judge Sidney H. Stein for running a nationwide telemarketing fraud scheme. SHAH previously pled guilty to one count of wire fraud conspiracy in connection with telemarketing. Follow For More Updates at satiknews.com
Attorney Damian Williams. These people were enticed by false promises of financial security, but in reality, Shah and her co-conspirators stole their money and left them with nothing.
Jennifer Shah was an integral leader of a vast, nationwide telemarketing fraud scheme that victimised thousands of innocent people from at least 2012 until her arrest in March 2021. The scheme primarily involved selling so-called “business services” in connection with the victims’ ostensibly online businesses (the “Business Opportunity Scheme”).
Jennifer Shah, in particular, knowingly and intentionally facilitated the sale of “leads” — contact information for potential victims identified as susceptible to the scheme’s lies — to sales floors that were perpetrating the Business Opportunity Scheme, and owned and operated one of the scheme’s sales floors during the latter portion of her participation in the scheme. For the latest news, follow us on Google News
Many of the victims of Jennifer Shah were elderly or vulnerable. Many of those people experienced severe financial hardship and damage. Victims were repeatedly defrauded at the direction of SHAH until they had nothing left. She and her co-conspirators continued their behaviour until the victims’ bank accounts were depleted, their credit cards were maxed out, and there was nothing else to take.