San Antonio, TX — Moinuddin Mohammed, 34, an Indian national, has been sentenced to over eight years in federal prison for his involvement in a conspiracy to commit money laundering. The scheme originated in India and targeted elderly victims across the United States.
According to the U.S. Attorney’s Office for the Western District of Texas, Mohammed and others posed as government officials, tricking victims into believing they were under investigation and at risk of financial loss. In order to avoid further issues, victims were convinced to hand over cash or valuables.
The fraud resulted in losses of nearly $6 million across 21 victims, with individual losses ranging from $150,000 to more than $470,000. One victim alone lost over $300,000. Mohammed was ordered to pay restitution of approximately $960,000 and forfeit both $20,000 in seized cash and a $16,000 money judgment.
Acting U.S. Attorney Margaret Leachman emphasized the significance of the sentence, stating it sends a strong message about prosecuting those involved at all levels of international fraud schemes.
