(FOX40.COM) — A Sacramento man pleaded guilty to defrauding an investor of over $777,000, according to the Department of Justice. • Video above: Most commonly reported crimes in the U.S.
Jaswant Singh Gill, 57, of Sacramento, pleaded guilty on Thursday to one count of wire fraud for orchestrating an investment fraud scheme, the DOJ said.
The DOJ reported that the court document shows that between May 2024 and June 2025, Gill was the chief executive officer of Kismet Capital Partners. Using Kismet Capital, Gill executed a scheme to defraud that involved making false representations and promises in exchange for purported investments…