Indian woman imprisoned for 3 yrs in wire fraud
A 31-year-old Indian woman has been sentenced to three years in prison and ordered to pay over $200,000 in fine for her involvement in a scheme to defraud the sheriff's office in Philadelphia.world Updated: Nov 01, 2013 10:47 IST
A 31-year-old Indian woman has been sentenced to three years in prison and ordered to pay over $200,000 in fine for her involvement in a scheme to defraud the sheriff's office in Philadelphia.
Texas resident Aarti Gupte was found guilty in June of conspiracy to commit wire fraud through a scheme that stole funds from the bank accounts of the sheriff's office.
In addition to the prison term, US District Court Judge Legrome Davis ordered $242,186 in restitution and three years of supervised release.
Gupte has been ordered to report to prison Davis in December.
According to the charges, Sheriff's sales of real estate generate millions of dollars annually.
The sales require the sheriff's office to write cheques to different entities with regard to the properties sold.
Gupte's co-conspirator Richard Bell, who has been charged separately and pleaded guilty, was an employee in the sheriff's office accounting department who took advantage of loose controls.
Gupte was recruited by Robert Rogers, who has also pleaded guilty, to participate in the scheme.
She deposited cheques totalling $242,186 written for some different firm into her company's bank accounts, withdrew the proceeds, and shared them with Rogers who shared with Bell.
Gupte admitted to FBI agents that she had participated in this scheme to defraud the sheriff's office.