Breaking News Bar
updated: 9/11/2013 6:41 PM

Former Schaumburg man sentenced to 7 years for extortion

hello
Success - Article sent! close
 
Daily Herald staff report

A former Schaumburg man was sentenced Wednesday to seven years in federal prison for a multimillion-dollar extortion scheme, according to a news release from the FBI.

Vivek Shah, 26, now of West Hollywood, Calif., was arrested by FBI agents on Aug. 10, 2012, in Schaumburg after they discovered he threatened to kill family members of seven prominent victims unless they wired tens of millions of dollars into offshore bank accounts.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

Shah's victims included movie producer Harvey Weinstein, Groupon co-founder Eric Lefkofsky, and coal executive Chris Cline, oil and gas billionaire Terry Pegula, Playtone film company co-owner Gary Goetzman, Relativity Media founder Ryan Kavanaugh and Dannine Avara, daughter of a prominent Texas oil industry executive.

His demands from all the victims totaled to more than $122 million.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.