South Africa tour of India 2019
US based Karimnagar man Ravinder Reddy Gudipati convicted in Texas in multi-million scam
Ravinder Reddy Gudipati from Karimnagar was convicted by federal jury in Laredo, Texas in a scam of money laundering. Ravinder had settled in the US quite long back and played a vital role in the multi-million money laundering scam.
He along with two other India-Americans Harsh Jaggi, 54 and Neeru Jaggi, 51, was involved in a complex money laundering scheme. As per the scheme money derived from the sale of drugs in the US was laundered through businesses in Laredo in order to return the proceeds to Mexican drug dealers.
They used various sources like cars, buses, private planes to move the US currency. Apart from the Indian Americans, the other accused are Adrian Arciniega-Hernandez of Nuevo Laredo, Mexico; Adriana Alejandra Galvan-Constantini and Luis Montes-Patino, both from Irving, Texas.
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