Jen Shah, the star of Real Housewives of Salt Lake City, is not allowed to leave the state of Utah or use a credit card after being charged with a large-scale wire transfer fraud and money laundering.
Shah was arrested Tuesday in Salt Lake City along with her assistant Steven Smith, who also starred on the reality television series, in connection with a nine-year investigation by the New York Police Department and Homeland Security that involved at least five states and hundreds of victims. .
As part of the terms of her release, obtained by The sun, Shah is prevented from traveling outside of Utah or the United States without the permission of a parole officer and must surrender her passport.
The 47-year-old is not allowed to use a credit card, get a new line of credit, or contact her co-defendant, Smith, 43, as part of the terms of her release.
Prosecutors in the Southern District of New York allege the couple had been running a fraudulent telemarketing program since at least 2012, which involved a “ widespread, coordinated effort ” to lure victims in with claims they could help make their online business more profitable.
Authorities claim she exploited her fame to buy and sell ‘leads’ about vulnerable victims, including the elderly.
Jen Shah, the glamorous star of the Real Housewives of Salt Lake City, appeared in court on Tuesday, charged with conspiracy to commit wire fraud and conspiracy to commit money laundering
Shah’s assistant Stuart Smith, 43, from Lehi, Utah, was also charged with the same conspiracy related to an allegedly fraudulent telemarketing scheme. He also appeared in episodes of RHOSLC
Prosecutors say Shah showed off her wealth on The Real Housewives of Salt Lake City. Season 1 cast members are, from left to right, Lisa Barlow, Mary Cosby, Heather Gay, Jen Shah, Whitney Rose and Meredith Marks
“ The so-called business opportunities that Shah, Smith and their co-conspirators pushed to the victims were merely fraudulent schemes, motivated by greed, to steal victims’ money, ” said U.S. Attorney of Manhattan Audrey Strauss in a statement .
Shah, who bragged that she needed $ 50,000 a month to maintain her lavish lifestyle in promotional clips for RHOSLC’s first season, appeared in court in Salt Lake City on Tuesday.
She can face up to 30 years in prison for conspiracy to commit wire fraud and conspiracy to commit money laundering.
Judge Dustin Pead released the couple on the condition that they had not contacted each other, traveled outside of Utah, used a credit card, or applied for additional lines of credit.
The pair are said to have cheated on hundreds of victims by sharing lists of potential victims or ‘leads’ – many of whom had previously invested in online businesses – with other telemarketers.
The indictment states that “leads” to unsuspecting victims were generated from sales floors operating in Arizona, Nevada, Utah, and elsewhere.
Those sales teams shared their leads with telemarketing teams in New York and New Jersey. The various sales teams have coordinated with each other to prevent victims from getting restitution, the indictment said.
Shah and Smith personally ‘generated and sold leads’ for use by the telemarketing teams, using their fame to persuade alleged victims to sign up, the indictment said.
The pair would receive a portion of the illegally obtained profits from their co-conspirators, it said.
Jen Shah, a cast member of the reality TV series ‘The Real Housewives of Salt Lake City’ watches as he is evicted from federal courthouse on Tuesday
The Real Housewives of Salt Lake City star Jen Shah leaves federal court in Salt Lake City
A source said The sun that Shah was filming the second season of the Bravo reality TV show when she was handcuffed and arrested by the police.
Peter C. Fitzhugh, the special agent-in-charge for the New York Field Office of Homeland Security Investigations, claimed that Shah and Smith exploited their fame on reality TV to defraud their victims.
Shah and Smith flaunted their lavish lifestyle to the public as a symbol of their ‘success’.
In reality, they would have built their lavish lifestyles at the expense of vulnerable, often older, working class workers.
As argued, disturbingly, Shah and Smith objectified their very real human victims as ‘leads’ to be bought and sold, offering their personal information for sale to other members of their fraud circle.
New York Police Department Commissioner Dermot Shea commended the NYPD and its law enforcement partners for filing the charges.
These individuals are said to have attacked and defrauded hundreds of victims, but thanks to the hard work of the NYPD and our law enforcement partners, this illegal plan has come to an end.
US Attorney for Manhattan Audrey Strauss said: “ Jennifer Shah, who portrays herself as a wealthy and successful businessman on ‘reality’ television, and Stuart Smith, who is portrayed as Shah’s’ first assistant ‘, reportedly’ lead lists ‘have generated and sold innocent individuals to cheat other members of their plan repeatedly. ‘
According to the Salt Lake City TribuneShah would appear on the reality TV show in designer clothes and hold parties in her rented 9,420-square-foot home.
Smith could be seen picking up Shah in a Porsche at the show.
In addition to her marketing business, Shah owns JXA Fashion and Shah Lashes and recently launched Shah Beauty.