Indian man convicted for elderly scam in Texas.
Bhavesh Kumar Thakkar, a 45-year-old Indian man, has been convicted of two counts related to wire fraud and money laundering in Texas. Thakkar was part of an elaborate fraud scheme that went on from September 2022 to 2025 — with Rakesh Barot, Dhruv Rajeshbhai Mangukiya and Kishan Rajeshkumar Patel, according to court documents.
All of them were part of the senior scam across the country, where senior citizens are told to get gold using all their savings. “Protecting our elderly citizens from those who would defraud them out of their hard-earned money is a high priority for the FBI,” said FBI San Antonio Division Special Agent in Charge Daniel Faith. They are then convinced to hand over the gold to their courier partners claiming that they are federal officers who will protest their gold. “This defendant was found guilty of working with others to scam a large number of vulnerable senior citizens out of millions of dollars. We’re grateful to all of our partners in this case, including numerous FBI Field Offices, Indian authorities via our Legat New Delhi and the Granite Shoals Police Department. ”