Source: United States Department of Justice News
Orlando, FL –United States Attorney Roger B. Handberg announces that Nikesh Ajay Patel (38, formerly from Orlando) has been arraigned on charges related to almost $20 million in fraud that he perpetrated while on federal pretrial release. Patel has been charged with one count of conspiracy to commit wire fraud, three counts of wire fraud, one count of conspiracy to commit money laundering, and eight counts of money laundering. Patel faces a maximum penalty of 30 years in federal prison for each count of conspiracy and wire fraud and up to 20 years in federal prison for each count of money laundering. His trial is currently scheduled for the April 2022 trial term.