He was also ordered to pay over $3.3 million in restitution.
Authorities said the store 'was a front for fraud.'
If convicted, he could face up to 20 years in federal prison for mail fraud.
It was allegedly a Ponzi scheme.
Sentencing is set for January.
He's charged with wire fraud and wire fraud conspiracy.
Dozens of individuals and businesses are reportedly owed money.
She's accused of passing off less expensive stones as real diamonds.
They allegedly defrauded e-commerce customers.
India is seeking to extradite him.
A federal grand jury returned a 38-count indictment.
He claims he lost them.
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