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Indian-origin man pleads guilty to taking USD 2.5 million in bribes

An Indian-origin man named Bhaskar Patel has been found guilty of taking USD 2.5 million in bribes and kickbacks from companies seeking contracts to work on energy saving projects in the US government buildings, according to a media report.

The 67-year-old from Windermere, Florida, was serving as a senior project manager for Schneider Electric Building Americas when he received the bribes and kickbacks, reported VT Digger, a Vermont news portal.


At Schneider Electric Building Americas, Patel was involved in obtaining bids from subcontractors and recommending who would be awarded a contract.

Patel has pleaded guilty in federal court in Rutland to two felony charges, each carrying maximum penalties of 10 years in prison. The sentencing hearing will be done on December 7.

Patel's scheme was unearthed after law enforcement received information that he had altered and falsified a bid document submitted to Schneider Electric by a Vermont subcontractor bidding for work on an energy savings project at the White River Junction VA facility, court records revealed.

Assistant US Attorney Abigail Averbach, a prosecutor in the case, said charges against other individuals involved in the case are possible, however she did not reveal who these people could be.

It is possible his children could be charged, as in some cases Patel directed those paying him to write checks to his adult son and daughter, who have been identified only as "JP" and "FP" in court documents.

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India cyber fraud 2025

Investigators identified 'digital arrest' scams and investment frauds as the most common methods.

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Cyber fraudsters steal nearly £1.65 billion from Indians in 2025

Highlights

  • Delhi saw £103.5 m stolen by cyber criminals in 2025, up from £90.6 m in 2024.
  • Nationwide losses reached approximately £1.65 bn equivalent to a small state's budget.
  • Fraudsters operate from Cambodia, Laos and Vietnam under Chinese handlers using illegal methods.

Cyber criminals have stolen an estimated £1.65 bn (Rs 20,000 crore) from victims across India in the past year, with Delhi alone losing £103.5 m (Rs 1,250 crore), police officials revealed on Monday.

The scale of the new-age crime came into sharp focus last week when an 81-year-old man and his 77-year-old wife in Greater Kailash, New Delhi, were defrauded of £1.22 million (Rs 14.85 crore) through a 'digital arrest' scam, leaving them virtually penniless.

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