According to court papers, over a period of three years, Singh cheated 190 people of Indian Fijian descent who are members of a small, tight-knit community in and around Sacramento, out of $22 million. Then he filed for bankruptcy protection. Singh, the 46-year-old native of Fiji and former Elk Grove city resident, pleaded guilty in March to wire and bankruptcy fraud.
Assistant US Attorney Matthew Segal, a top white-collar prosecutor in the US Attorney’s office, found it hard to describe to Judge England the devastation left in the wake of Singh’s merciless quest to get every dime his victims possessed. “He knew the situation of his victims,” Segal said. “He had been in their homes. They served him meals. He knew what the effect was going to be. He didn’t just take their money, he took their lives.”
The crimes were considered affinity fraud, which refers to investment scams that prey upon members of identifiable groups, such as religious or ethnic communities, the elderly or professional groups.