Shah pleaded guilty in July to a conspiracy charge.
Prosecutors sought a 10-year prison term, which would have been a year under the federal sentencing guidelines' minimum recommendation but well above the three years in prison that Shah's lawyer suggested.
"I struggled to accept responsibility for the longest time because I deluded myself into believing ... that I did nothing wrong," Shah said, calling it her"own fractured reality." During the hearing, defense lawyer Priya Chaudhry said her client has undergone a dramatic transformation in recent months.After the sentencing, Shah left the courthouse without speaking to reporters. She will report to prison at a later date.
In a presentence submission, prosecutors said she used profits from the fraud to live a life of luxury that included a nearly 10,000-square-foot mansion with eight fireplaces dubbed"Shah Ski Chalet" in the resort haven of Park City, Utah. The home, they said, is now listed for sale for US$7.4 million.
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