His wife, Parvathi Sivanadiyan, is still awaiting trial. His former chief financial officer, Kumar Chinnathambi, has pleaded guilty to conspiracy to commit bankruptcy fraud and is scheduled to be sentenced Oct 24 in federal court.Selvam is scheduled to be sentenced on Nov 13.Authorities said he charged his followers fees in exchange for spiritual and related services, but then would run-up unapproved charges, using their credit card numbers.
“This defendant traded on his perceived religious authority and spiritual powers to cheat the faithful who believed in him,” Attorney Sally Quillian Yates told AJC. “The jury saw through his deception.”
Selvam, 49, would then submit bogus documentation to the credit card companies to support any charges that were disputed, prosecutors said. The money he made through those fraudulent charges was used to finance his and his family’s lifestyle, which prosecutors said included luxury vehicles, control of multiple homes and foreign bank accounts in India.
Selvam’s other convictions include ones for filing a false tax return for the 2007 year and failing to disclose his financial interest in foreign bank accounts held in India, AJC reported.He was also convicted of bankruptcy fraud offenses in connection with the Hindu Temple’s petition for bankruptcy protection in August 2009, authorities said. Annamalai diverted credit card receipts and donations intended for the Gwinnett County Hindu Temple to a bank account in the name of a different entity, authorities said.Selvam, who once owned a million-dollar home in Sugarloaf Country Club in Duluth, was also convicted of money laundering for using proceeds from the bankruptcy fraud to pay mortgages on properties that he owned, and payments to himself, authorities told AJC.