India, Aug. 1 -- A 22-year-old Indian national has been sentenced to 48 months in prison in the United States for conspiring to commit money laundering as part of a multimillion-dollar fraud scheme, US officials said.

According to a statement issued by the United States Attorney's Office for the Eastern District of Wisconsin, the convicted individual has been identified as Roshan Shah.

Court records show that Shah, an Indian citizen, was attending college in Canada on a student visa. He entered the United States on a visitor visa to collect proceeds from the fraud.

"The victims were led to believe they had to surrender cash or gold to a federal agent, impersonated by Shah, for safekeeping," the statement said.

In total, Shah collected...