On December 17, 2021, Federal Court in Central Islip, New York, sentenced Ajay Sharma, an Indian citizen, to 78 months in prison for conspiring to commit electronic fraud as part of a large-scale telemarketing program. .
The court also ordered Sharma to pay restitution of $ 3,266,714 and forfeiture in the amount of $ 1,005,421, according to a press release from the Internal Revenue Service’s criminal investigation unit.
Sharma was sentenced by US District Judge Joan M. Azrack. The sentence was announced by Breon Peace, United States attorney for the Eastern District of New York, and Thomas Fattorusso, special agent in charge of the Internal Revenue Service-Criminal Investigation, New York.
“Today’s conviction demonstrates that defendants like Ajay Sharma, who commit transnational fraud schemes through lies and sowing fear among their victims, will be brought to justice and will pay for their crimes,” said Peace in the press release.
“Ajay Sharma received fair punishment this morning for relentlessly stealing millions of dollars from innocent Americans posing as federal employees,” Fattorusso said. “IRS Criminal Investigation is committed to dismantling these criminal enterprises which victimize hard-working US citizens for personal gain. IRS-CI will continue to protect our financial system from fraudsters, both abroad and here at home. “
Sharma, as director and owner of APS Technology, was the leader and organizer of the fraud scheme, authorities said.
Between January 2018 and September 2018, operating out of call centers in India, Sharma and her co-conspirators targeted victims in the United States and falsely claimed to be employees of the Internal Revenue Service, Social Security. Administration or Drug Enforcement Administration.
The victims were told that they owed a sum of money to the United States government, or one of its agencies, and that they would be arrested if the debts were not paid promptly. After the victims wired payments into bank accounts the defendants had opened on behalf of inactive and shell companies to receive the proceeds of the fraud, the funds were withdrawn by Sharma and her co-conspirators.
Four of Sharma’s co-conspirators, Ankur Sharma, Armughanul Asar, Harpreet Singh and Jamal Zafar have already pleaded guilty and are awaiting sentencing. Two other co-conspirators, Ricardo Urbino and Kamal Zafar are to be tried in March 2022. Charles P. Kelly and Madeline O’Connor are in charge of the prosecution.