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Indian National Sentenced to Prison for Defrauding Elderly US Veterans

A 37-year-old Indian student has been sentenced to 30 months in federal prison for his role in a multi-state gold-based fraud scheme that targeted elderly victims, including a Vietnam veteran in Oklahoma.

Indian National Sentenced to Prison for Defrauding Elderly US Veterans

A 37-year-old Indian national residing in the United States on a student visa has been sentenced to 30 months in federal prison for his participation in a sophisticated fraud scheme targeting elderly Americans. Venkateswara Chagamreddy, based in San Antonio, Texas, was convicted by a federal jury in April 2026 for his role in a conspiracy that defrauded a Vietnam veteran and other elderly individuals of significant assets.

In addition to the prison term, Chagamreddy has been ordered to pay nearly $100,000 in restitution. Following the completion of his sentence, he will be subject to three years of supervised release and is expected to face deportation proceedings from the United States. He remains in custody as he awaits transfer to the federal prison system.

Details of the Multi-State Fraud Operation

The criminal activity came to light after an elderly victim in Delaware County, Oklahoma, was contacted in August 2025 by individuals posing as Microsoft support staff. The perpetrators falsely informed the victim that his computer had been compromised by criminal activity and that the matter had been escalated to federal authorities. The victim was subsequently contacted by individuals claiming to be federal officers and Treasury Department officials, who alleged that his identity had been stolen to commit federal crimes.