Dallas County man sentenced to 20 years in federal prison for money laundering and ordered to pay over $14 million in restitution

SHERMAN, Texas – A Dallas man has been sentenced to 20 years in federal prison and ordered to pay restitution for defrauding numerous individuals out of more than $14 million in the Eastern District of Texas, announced Acting U.S. Attorney Jay R. Combs.

Rahool Amin Makani, 32, pleaded guilty to money laundering and was sentenced to 240 months in federal prison by U.S. District Judge Amos Mazzant on July 30, 2025. Judge Mazzant also ordered Makani to pay restitution in the amount of $14,732,023.31.

According to information presented in court, Makani was identified as a multi-million-dollar money launderer who conned victims into investing large amounts of cash into fictitious businesses.  Further investigation revealed that Makani used a variety of schemes to defraud numerous investors.  Makani used the money he fraudulently obtained to maintain a lavish lifestyle, including leasing private jets, purchasing numerous Rolex watches, purchasing luxury cars including an Aston Martin, a Lamborghini, a Maserati, a Rolls Royce, a McLaren, and a Ferrari.  Makani also frequently traveled to Las Vegas to gamble thousands of dollars of the investors’ money.

As part of his plea agreement, Makani admitted he defrauded multiple individuals by his schemes and further admitted that the amount of restitution owed was over $14 million dollars.

This case was investigated by the Internal Revenue Service – Criminal Investigation. This case was prosecuted by Assistant U.S. Attorney Tracey Batson.

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