Indian man charged in Wisconsin money laundering scheme

A man from India was charged with conspiracy to commit money laundering in the U.S. Eastern District of Wisconsin.

Roshan Shah, a citizen of India who was in Canada on a student visa, came to the United States on a visitor’s visa.

According to the indictment and related criminal complaint, Shah traveled to different states and picked up cash and gold from various fraud victims. He then transferred those fraud proceeds to other members of the conspiracy.

Shah was arrested after he attempted to pick up gold from fraud victims in New Berlin.

Unknown co-conspirators posing as law enforcement had convinced the victims that they were victims of a massive scheme in the United States and that they needed to transfer their assets to gold, which a courier would pick up and put in a safety deposit box in Washington, D.C., purportedly for safe keeping. The victims had previously given over $500,000 worth of gold to couriers the victims believed to be working with the federal government.

This case was investigated by the New Berlin Police Department and Homeland Security Investigations. The case will be prosecuted by Assistant United States Attorney Zachary J. Corey.