Jen Shah pleads not guilty in telemarketing fraud scheme

More On:

jen shah

Jen Shah had ‘no prior red flags’ of fraud when Bravo ran background check

Jen Shah went to see her hairstylist after arrest: ‘#Priorities’

From ‘Housewives’ to handcuffs: see which ladies have been arrested

‘RHOSLC’ star Meredith Marks defends son after apparent Jen Shah shade

“The Real Housewives of Salt Lake City” star Jen Shah pleaded not guilty on Friday to running a telemarketing scheme — as prosecutors blasted her as being “at the highest level” of the fraud that netted her at least $5 million in “crime proceeds.”

The reality TV star, 47, remains free on $1 million bond following her arrest Tuesday on charges of conspiracy to commit wire fraud and conspiracy to commit money laundering — for allegedly ripping off hundreds of victims in the scam she carried out with co-conspirators and that spanned six states.

Shah dialed in from Utah for her Manhattan federal arraignment, where she pleaded not guilty to both charges. She did not appear on video.

Assistant US Attorney Kiersten Fletcher asked a judge to set a $1 million bond secured by $250,000 cash or property separately for Shah and her alleged right-hand man and co-defendant Stuart Smith.

Smith also pleaded not guilty.

“As your honor is aware, there was a long-running investigation and two criminal cases related to this telemarketing scheme,” Fletcher said. “The defendants both Stuart Smith and Jennifer Shah are really at the highest level of the scheme as it’s charged.”

Fletcher added that the pair had “multiple shell companies” and that just one of them had “received no less than $5 million in crime proceeds over just the last few years of the scheme.”

The judge agreed to additional bail conditions.

The pair face up to 30 years in prison on the top count.

Share this article:

Source: Read Full Article