Indian SCAM: 400 victims F1, H-1Bs cheated by KISHORE BABU AMMISETTI

Citizen of India Charged with Operating “Provisional Credit” Fraud Scheme

https://www.justice.gov/usao-ct/pr/citizen-india-charged-operating-provisional-credit-fraud-scheme

John H. Durham, United States Attorney for the District of Connecticut, and Peter C. Fitzhugh, Special Agent in Charge of Homeland Security Investigations (HSI) in Boston, today announced that KISHORE BABU AMMISETTI, 30, a citizen of India, has been charged by federal criminal complaint with fraud offenses stemming from an alleged “provisional credit” scheme.

As alleged in the complaint, Ammisetti used Facebook Marketplace and other media to victimize individuals, primarily of Indian decent, who advertised items for sale or rooms for rent.  Through this scheme, Ammisetti would contact a victim to express interest in purchasing an item or renting a room.  He would then gather the victim’s bank account information and other personal information under the guise of making a deposit to the victim’s bank account.  He also would offer to provide a “deposit” directly into the victim’s account via a Peer-to-Peer (P2P) transfer.

The complaint further alleges that Ammisetti would then contact the victim’s bank and, posing as the victim, would claim to have made an ATM deposit that did not register on the victim’s bank account.  While researching the “unregistered deposit,” the bank would credit the victim’s account with a provisional credit.  Ammisetti would then contact the victim and claim that the provisional credit to the victim’s bank account was a mistaken transfer by Ammisetti to the victim’s account.  Ammisetti would then request either a full or partial refund of that money, which the victim would provide via a P2P transfer.  After the bank determined that there was no unregistered deposit to the victim’s account, the funds provided as a provisional credit would be removed from the account.

It is alleged that Ammisetti stole at least $800,000 from more than 400 victims through this scheme.  The investigation has revealed that Ammisetti often operated this scheme while staying at casino hotels in Connecticut.

Ammisetti was arrested on January 25, 2019.  He appeared today before U.S. Magistrate Judge Donna F. Martinez in Hartford and was ordered detained.

It is alleged that Ammisetti entered the U.S. in 2013 on a student visa, which was revoked in 2014.

The complaint charges Ammisetti with bank fraud, an offense that carries a maximum term of imprisonment of 30 years, and wire fraud, which carries a maximum term of imprisonment of 20 years.

U.S. Attorney Durham stressed that a criminal complaint is not evidence of guilt.  Charges are only allegations, and a defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.

This matter is being investigated by HSI with the assistance of the Mohegan Tribal Police.  The case is being prosecuted by Assistant U.S. Attorney Nancy V. Gifford.


 

To whomsoever it may concern

I am writing this letter as a victim in one of the biggest scams in USA. This person, kishore babu Ammisetti had scammed around 400 innocent international students  and other people through different ways. He claimed that he was the owner of a liquor business in the state of Connecticut. He was actually a student whose visa was revoked and staying illegally in USA. He used to live in Mohegan sun a casino in Connecticut where most of the illegal immigrants from India stays. As a scammer, he used Facebook Marketplace and other media to victimize individuals, primarily of Indian decent, who advertised items for sale or rooms for rent.  Through this scheme, Ammisetti would contact a victim to express interest in purchasing an item or renting a room.  He would then gather the victim’s bank account information and other personal information under the guise of making a deposit to the victim’s bank account.  He also would offer to provide a “deposit” directly into the victim’s account via a Peer-to-Peer (P2P) transfer would then contact the victim’s bank and, posing as the victim, would claim to have made an ATM deposit that did not register on the victim’s bank account.  While researching the “unregistered deposit,” the bank would credit the victim’s account with a provisional credit.  Ammisetti would then contact the victim and claim that the provisional credit to the victim’s bank account was a mistaken transfer by Ammisetti to the victim’s account.  Ammisetti would then request either a full or partial refund of that money, which the victim would provide via a P2P transfer.  After the bank determined that there was no unregistered deposit to the victim’s account, the funds provided as a provisional credit would be removed from the account.

Ammisetti stole at least $800,000 from more than 400 victims through this scheme.

The above said are some ways he used and in my case he enacted as a business person who is a former student of same university which then we are into. He contacted every Indian student from school and scammed most of us. He said he wanted to send huge amount to his parents back in India and he would be sending the amount to us here if our parents could transfer the money to his parents. He then transferred the money for good exchange rate to our bank accounts and our parents transferred it to the account in India. Later he disputed those transactions and debited the amount from our accounts. In my case I asked him to pay my tuition fee and he paid online, it seems fine at the beginning. After a few days, I got email from my school that there was a dispute with that card through which my tuition was paid so the transaction was cancelled. I contacted him, explained the issue and asked him to return my money back. He never returned back my money.

After all the struggle my parents in India and me had done we lost huge money. He was now arrested and charged by the federal criminal complaint with fraud offenses stemming from an alleged “provisional credit” scheme. We the victims struggled a lot mentally these years finally we are happy now.

I wanted to let this known to everyone as another victim like me should not get scammed by another scammer like him.

Victims sent this Mail. Requested KE to post it for public awareness

Photo sent by victims: KISHORE BABU AMMISETTI, 30

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