Tuesday, July 07, 2009
Ela Dutt, desitalk.com,
Ela Dutt, desitalk.com,
Christian televangelist Solanky arrested for alleged mail fraud
A local pastor based in White Plains, N.Y., who hosts a religious cable television show, was arrested July 20 for allegedly bilking investors of more than $2 million in investments into a jewelry business that was apparently a fraud.
Samuel Solanky, 61, of the TV show "Vandana," is reported to have promised 100 percent returns "within a matter of months," but bounced checks and wired investors' money overseas, says a complaint filed by federal prosecutors.
The U.S. Attorney's office for the Southern District of New York said in a press release July 22, "Samuel Solanky, a/k/a `Samee Solanky,' " is accused of "fraudulently obtaining investments in a non-existent jewelry business."
According to the criminal complaint filed in White Plains federal court July 21 before United States Magistrate Judge Lisa Margaret Smith, Solanky started his allegedly fraudulent activities in approximately June 2005.
He could be subject to 20 years in prison if convicted of mail fraud.
Arrested in his Hamptonburgh home in Orange County, on July 20, Solanky was charged with one count of mail fraud and is being held on $200,000 bond, reported the Times Herald-Record.
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Posted by Tracey on 07/07/09 at 08:19 AM •
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