Indian American Arrested For $5 Million Fraud

Many Indians have recently been caught committing various frauds in different sectors in the USA. Recently, two Indian-American executives of a Chicago-based health technology startup were convicted for their roles in a $1 billion fraud scheme. Now another Indian American has been arrested for cheating his clients.

Abhijit ‘Beej’ Das (50), an Indian American attorney and former candidate for the US House of Representatives, has been indicted for defrauding clients of over $5 million in escrow funds.

He allegedly diverted the funds for personal expenses, including purchasing a $2.7 million home in Florida. Das used his position as a lawyer to deceive his clients, providing fraudulent account statements to conceal the scheme.

He has been indicted for nine counts of wire fraud while on pretrial release for earlier charges. If convicted of the fraud charges, Das could face a maximum sentence of 20 years in prison, three years of supervised release, and a fine of $250,000. The legal consequences are going to be severe for Das, given the gravity of the charges against him.