UK: Indian citizen defrauded American telephone providers and insurance companies, punishment to be decided on January 3
UK: Parag Bhavsar, 42, of Newark, was accused of submitting fraudulent claims to obtain cellular replacement equipment and using a fake identity to sell the equipment outside the US, US Attorney Philip R. Salinger said. The accused pleaded guilty before US District Judge Madeline Cox Arleo. It will be sentenced on January 3.
An Indian citizen has been convicted in Washington for cheating and fraud. Indeed, the accused defrauded various telephone providers and insurance companies out of millions of dollars by using fake identities to submit fraudulent claims for replacement cellular devices and then selling those devices outside the United States. An American lawyer has informed me about this.
Parag Bhavsar, 42, of Newark, pleaded guilty before U.S. District Judge Madeline Cox Arleo, U.S. Attorney Philip R. Selinger said. Parag was subsequently charged with one count of conspiracy to commit mail fraud and one count of conspiracy to commit interstate transfer of stolen property.
The punishment for this has been fixed on January 3 next year. According to documents obtained, from June 2013 to June 2019, Parag engaged in an extensive scheme to defraud cellular telephone providers and insurance companies by using the U.S. Postal Service mail system as well as other third-party mail carriers.
Pollen and his associates created a network of mailboxes and storage units in New Jersey as well as across the state in which information was stored before being sold to third parties.
Federal prosecutors said that Pollen and his associates' scheme resulted in millions of dollars in losses for cellular telephone providers and insurance companies. The charge of conspiracy to commit mail fraud carries a maximum penalty of 20 years in prison and a fine of US$250,000.
