SHERMAN, TX – A Dallas man has been sentenced to 20 years in federal prison and ordered to pay more than $14 million in restitution for defrauding numerous individuals through a money laundering scheme.
Rahool Amin Makani, 32, pleaded guilty to money laundering and was sentenced on July 30, 2025, by U.S. District Judge Amos Mazzant. The judge ordered Makani to pay restitution in the amount of $14,732,023.31.
According to information presented in court, Makani conned victims into investing large sums of money into fictitious businesses. He used the fraudulently obtained money to support a lavish lifestyle, which included leasing private jets, gambling in Las Vegas, and purchasing numerous luxury cars, including a Lamborghini, a Rolls Royce, and a Ferrari, as well as multiple Rolex watches.
As part of his plea agreement, Makani admitted to defrauding multiple individuals and agreed to the restitution amount. The case was investigated by the Internal Revenue Service – Criminal Investigation and prosecuted by Assistant U.S. Attorney Tracey Batson.
