America
Indian American student faces prison for online fraud
New York, July 28
An Indian American student
faces five years in jail for his involvement in a scam about selling
fraudulent events tickets over web sales platform StubHub and making
money out of it, media reports said.
Sachin Kumar, 22, who is
from New York earned money by selling fraudulent event tickets over
StubHub, using accounts set up in fictitious name, Tampa Bay Times
newspaper reported.
Kumar, a pre-dental and biology student at
the University of Tampa, Florida, has agreed to a plea agreement with
federal prosecutors on restitution in the fraud.
He reportedly
collected $49,121 and StubHub spent $172,047 furnishing victims of the
scam with replacement tickets, according to a plea agreement signed by
Kumar.
Had all tickets been sold, he could have netted $279,949, the report said.
The attorney representing Kumar said many were involved in the scam and his client got only a portion of the proceeds.
"Kumar
now awaits his fate at sentencing and hopes to be afforded the
opportunity to finish his remaining semester of college and move forward
with his life," Kumar's attorney was quoted as saying.
Kumar was
to plead guilty in February but was hospitalised after car a crash. He
was told about his imprisonment after he recovered.