Jenn Shahparticipant of the show “Bravo”The Real Housewives of Salt Lake City“Pleaded guilty to defrauding hundreds of victims in a multi-year telemarketing scheme.
The star of the scandalous reality show – who was she dismissed from the show earlier this year for “offensive” social media posts – appeared in a New York court on Monday to take part in a plea hearing in which she changed her previous statement about innocence. Shah pleaded guilty to one count of conspiracy to commit wire fraud in connection with telemarketing.
She also agreed to confiscate $6.5 million and pay restitution up to $9.5 million.
Shah now faces a maximum sentence of 30 years in prison, according to the Justice Department.
But how CNN indicated that the recommendations are only advisory in nature. She will be sentenced later this year on November 11. 28.
“From 2012 to March 2021, in the Southern District of New York and elsewhere, I negotiated with others to commit wire fraud,” Shah told Judge Sidney Stein in court after reading a prepared statement. ABC news. “I knew it was wrong. I knew a lot of people were hurt and I’m really sorry.”
On Monday, pictures of Shah at the hearing were posted on social media by Josh Russell, a Manhattan federal court reporter for Courthouse News.
The accusers said that since 2012, Shah and others have been selling so-called “business services” to alleged victims across the country. This included website development services for seniors who didn’t have computers, CNN reported.
Shah, who lives in Salt Lake City, Utah, began running a Manhattan trading floor in 2017. The Justice Department said in a statement that Shah oversaw the day-to-day operations of the Manhattan trading floor between 2018 and 2020. The Shah and other members also allegedly tried to cover up their crimes by using encrypted messaging apps, registering companies in the names of family members and others, and opening an offshore bank account and doing business in Kosovo, according to court and prosecutor documents.
Shah was arrested and indicted along with her business partner Stuart Smith in March 2021.
Jennifer Shah, who poses as a wealthy and successful businessman on a “reality show”, and Stuart Smith, who is portrayed as Shah’s “first mate”, allegedly compiled and sold “lead lists” of innocent individuals for other participants in their scheme. repeated fraud,” Manhattan Attorney Audrey Strauss previously said in a March Press release. “In reality, and allegedly, the so-called business opportunities that Shah, Smith and their associates foisted on the victims were simply greed-motivated scams to steal money from the victims. Now these defendants face jail time for alleged crimes.”
U.S. Attorney Damian Williams said in a statement on Monday that Shah “was a key player in a nationwide scheme targeting elderly and vulnerable victims.”
“These victims were sold false promises of financial security, but instead, Shah and her accomplices swindled their savings from them and left them nothing to show,” Williams said.
Shah’s arrest, although not on camera, and its aftermath were widely publicized in the second season or The Real Housewives of Salt Lake City. On the reality show, castmates mused and argued about the culpability of Shah’s business, with Shah maintaining her innocence until her guilty plea on Monday.
She even went so far as to state in the show’s commercials slogan that “the only thing I’m guilty of is that I’m Shah-mazing”.