A 24-year-old man headquartered in the Indian capital of Mumbai was arrested on Saturday after scamming Americans out of approximately $300 million.
Sagar Thakar, aka Shaggy, was detained at Mumbai International Airport by police after returning to India from Dubai.
Thakar, the mastermind behind a scam that targeted nearly 15,000 Americans, had phoned his victims and put on the false impersonation that he and his employees worked for the Internal Revenue Service and other U.S. governmental agencies in order to convincingly demand payments from them.
The yearlong scam was eventually uncovered in October, following an investigation and subsequent raids by Indian police into the call centers used by Thakar and his 700-plus employees. The call centers, located in the Mumbai suburb of Thane and Ahmedabad, were eventually put to rest.
Thakar and a handful of others fled to Dubai following the police seizure of the scamming operation. Upon Thakar’s return to India, Thane Police Commissioner Param Bir Singh pressed the mastermind behind the scam, saying he was “impressed with his knowledge of the U.S. and Indian system.”
More than 400 people have been charged with a laundry list of crimes that include conspiracy to commit identity theft, false personation of an officer of the United States, and wire fraud and money laundering in connection with the scam by the U.S. Department of Justice.
In the criminal report, it was outlined that Thakar’s employees threatened potential arrest, imprisonment, and even fines if “payments” weren’t met by victims.
The United States is working with the Indian government to work out terms of extradition.
The case is all over the news in India, but not translated into English:
JOIN THE MOVEMENT to SAVE THE NATIONAL ANTHEM
Please join the thousands of DML readers who have purchased a bumper sticker. CLICK HERE.
If you would like to receive Breaking News text alerts on a smartphone or tablet, download the DML APP which is completely FREE and easy to use. Go to the Google Play Store or the IOS App Store and search for DML APP. Be sure to keep the app’s notifications setting on. Another way to receive alerts is to text to 40404 the following message: follow @realdennislynch (be sure to put a space between the word follow and the @ symbol).
To see more stories like this, sign up below for Dennis Michael Lynch’s email newsletter.
Sign up to get breaking news alerts from Dennis Michael Lynch.
Election worker arrested for tampering with felons’ voting records