Luxury watch con ends with McLean man sentenced to nearly two years in federal prison
WTOP••business
Key Points:
- Jaivin Raj Karnani, a McLean, Virginia resident, was sentenced to one year and nine months in federal prison for a luxury watch mail fraud scheme involving over $1.2 million in fraudulent purchases.
- Karnani used multiple American Express cards, including some under his mother’s name, to buy watches from Harrods in London, then falsely claimed non-receipt to trigger credit card disputes and erase charges.
- The scam involved placing orders under his own name and aliases, attempting to resell the watches to dealers in Michigan and New York, resulting in over $850,000 in losses for American Express and $426,000 for Harrods.
- Authorities also noted abuse of the charge-back process related to
