An Indian man who ran jewellery companies in New York has been sentenced to 30 months in prison for evading customs duty for importing jewellery worth more than USD 13.5 million and for illegally processing over USD 10.3 million through an unlicensed money transmitting business, a US attorney said. Acting US Attorney Vikas Khanna said Monishkumar Kirankumar Doshi Shah (4O) of Mumbai and Jersey City, New Jersey, previously pleaded guilty before US District Judge Esther Salas to a two-count information, charging him with conspiracy to commit wire fraud and operating and aiding and abetting the operation of an unlicensed money transmitting business. In addition to the prison term, the judge ordered restitution in the amount of USD 742,500 for the wire fraud scheme and forfeiture of USD 11,126,982.33 for the wire fraud and unlicensed money transmitting schemes. Additionally, the court imposed a two-year term of supervised release. According to court documents, from around December 2019