“I have spoken with my client Jen Shah over the phone this week — she is doing well and remains committed to making her victims whole,” Shah’s manager, Chris Giovanni, said. “She has initiated her payments towards restitution, and we hope to have her home as soon as possible so that she may resume life with her family and work, putting this chapter of her life behind her.”
According to the US Attorney’s Office, in March 2021, Shah and her assistant Stuart Smith were accused of running a wire fraud and money laundering scheme that “generated and sold lead lists” of innocent people for other participants in their plan to continually “scam” them between 2012 and 2021.
In April 2021, Shah entered a not-guilty plea, but a week before her trial, she entered a guilty plea to the wire fraud charge. The money laundering charge was dropped as part of the plea deal. She also agreed to forfeit $6.5 million, 30 luxury items, and 78 fake luxury items and pay about $6.6 million in restitution.
At sentencing, she said, “I come to terms that I have gone against these core values, and I am deeply sorry for what I have done,” adding that she wanted to “apologize to all the victims and families, and I take full responsibility for the harm I caused and will pay full restitution to all of the victims.”
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