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Texas father and daughter charged with laundering India fraud proceeds through used copier sales

Federal prosecutors in Connecticut say a Houston copier wholesaler bought used machines, including from Connecticut companies, with scam money and shipped them to India to pay fraudsters there.

A Texas man and his daughter have been charged with using a Houston used-copier business to launder money for fraud schemes run from India, the U.S. attorney's office in Connecticut said Wednesday.

Ketan Kamdar, 61, and Jheel Kamdar, 30, both of Katy, Texas, are each charged with two counts of money laundering conspiracy in an indictment returned Sept. 3 by a federal grand jury in Bridgeport. Each count carries a maximum of 20 years in prison. The two were arrested Sept. 2.

Prosecutors said Ketan Kamdar was the majority owner of Jainam International Inc., a used-copier wholesaler in Houston, and that both he and his daughter were listed as its president. Since about 2023, the indictment alleges, the pair worked with people in India to launder the proceeds of fraud by using money sent from those co-conspirators to buy used copiers from companies, including some in Connecticut. The copiers were shipped to Texas and then to India, where they were sold and the scammers were paid in rupees, prosecutors said. The Kamdars are accused of fabricating invoices that falsely showed the copiers being sold to companies in Singapore and India controlled by the family.

In one example cited in the indictment, a Massachusetts resident was contacted in June 2024 by someone claiming to be from the Social Security Administration who said the victim had been charged with a crime. The victim withdrew about $248,000 from a retirement account and deposited it into five bank accounts as instructed, including more than $48,000 into an account held by Jainam International, prosecutors said.

The indictment seeks forfeiture of $4,184,295.22.

Ketan Kamdar pleaded not guilty before U.S. Magistrate Judge S. Dave Vatti and was released on $1.5 million bond. Jheel Kamdar was arraigned Sept. 30 and released on $100,000 bond.

The charges are allegations, and both defendants are presumed innocent unless proven guilty.

This brief was drafted by AI from a public agency or political press release and published by The New England Signal. Why we use AI for stories like this one.

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