Zain Shah real housewives of salt lake city He has been blamed for his role in a fraudulent multi-state telemarketing scheme.
On Monday, the 48-year-old reality star entered a Manhattan federal court in a plea of guilty to a charge of conspiracy to commit wire fraud in relation to telemarketing, through which she victimized 10 or more individuals over the age of 55.
“I agreed to commit wire fraud with others in the Southern District of New York and elsewhere from 2012 to March 2021,” Shah told U.S. District Judge Sidney H. Stein about the plan, which was carried out in six states over 10 years. “I did this by intentionally providing customer names to people who were marketing commercial services that had little or no value.”
She admitted, “I knew it was wrong. I know a lot of people have been hurt and I’m very sorry.”
Shah will be sentenced on November 28 and will face a maximum prison sentence of 30 years to count. However, her plea with federal prosecutors called for a prison sentence of 11 to 14 years. The judge ultimately determines the sentence.
As part of the plea deal, Shah will also forfeit $6.5 million and pay up to $9.5 million in damages.
“Jennifer Shah was a key participant in a nationwide plan that targeted elderly, vulnerable victims,” US Attorney Damian Williams for the Southern District of New York said in a statement. “These victims were sold false promises of financial security, but instead Shah and his co-conspirators duped them of their savings and had nothing left to show. This office is determined to root out these schemes. committed to them, in whatever form they may be.”
shah, a native RHOSLC The cast member, was arrested in March 2021 – along with his assistant, Stuart Smith – for a telemarketing scheme that tricked people into investing in online “business opportunities” in New York and several other states and forced them into tax preparation or Also sold website design services. Although many people did not even have their own computers. He originally pleaded not guilty and his trial was to begin on July 18.
Smith pleaded guilty in November. Prosecutors said last week that Smith would testify against Shah at trial.
Shah’s legal status has been the story of the Bravo show. The spin-off premiered in 2020 and Shah showed off his wealth from the start. During the Season 1 reunion, executive show producer Andy Cohen asked why he needed four assistants.
“I need a lot of help, you know?” He replied. “They all do different things. I run many different companies and businesses, and a lot of them have different roles in those companies.”
Stressed on what she did for the job, she replied, “My background is in direct response marketing for almost 20 years, so our company does advertising. We have a platform that helps people get customers. helps, so we have the algorithm behind why you’re showing that ad when you’re shopping online or the internet, and something else you see.”
Shah has continued shooting for the show, now in its third season, for now.