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The Real Housewives of Salt Lake City's owned dozens of phony luxury items including bags and jewelry federal autho to federal charges that she had put together a $5 million telemarketing scam targeted to swindle older people.

Among the fraudulent items of merchandise, which were mostly manufactured in China, included fake purses aimed to resemble products from high-end brands including Balenciaga, Chanel, Fendi, Gucci, Hermes, Jimmy Choo, Louis Vuitton and Valentino.

The jewelry collection included counterfeit pieces made to resemble designers such as Bulgari, Chanel, Cartier, Dior, Gucci, EvdEN eve nakliYAT Hermes, Louis Vuitton and Tiffany & Co.

Mixed in with the phony items were actual pieces of luxury accessories and jewelry from brands such as Yves Saint Laurent, Versace, Gucci, EVdEN EvE NakliYAT Louis Vuitton and Prada, as well as pieces from her castmate Meredith Marks' brand.

Federal authorities took possession of all of the items amid a raid on the Bravo personality's home in March of 2021 in the probe into her fraud case.

Shah's sentencing date has been pushed back until next year, after she  that targeted hundreds of elderly people.

The  star's new court date is set for , 2023, after the holidays. 

In court documents, obtained by , it was revealed that 'Judge Sidney H.Stein approved the rescheduling on Wednesday, November 23.' 

In July, Shah plead guilty to conspiracy to commit wire fraud, with the US attorney dropping her second count of conspiracy to commit money laundering. 

Shah's assistant Stuart Smith previously admitted his part in the same scam, and had been due to testify against his former employer, until her guilty plea.

The US attorney's office says Shah faces the maximum sentence of 30 years in prison, but NBC Connecticut reports that a plea deal will actually see her serve a maximum of 14 years. 

As part of her guilty plea, the reality star also agreed to forfeit $6.5 million and to pay restitution up to $9.5 million.

Addressing the court, the reality star said that she 'knew it was wrong' and that she was 'so sorry' for the 'many people' who were harmed.

Shah admitted that she 'agreed with others to commit with wire fraud' and 'knew it misled' victims, over 10 of whom were over the age of 55.

Shah added there was a 'misrepresentation of the product… regarding value of the service,' noting it 'had little to no value.'

When asked by US District Judge Stein if she knew what she was doing was wrong and illegal, Shah replied, 'Yes, your honor.'

Priya Chaudhry, representing Shah told DailyMail.com: ‘Ms.If you loved this article and you also would like to obtain more info pertaining to EvDeN eVE nAKliYAT kindly visit the web page. Shah is a good woman who crossed a line. She accepts full responsibility for her actions and deeply apologizes to all who have been harmed.

'Ms. Shah is also sorry for disappointing her husband, children, family, friends, and supporters.Jen pled guilty because she wants to pay her debt to society and put this ordeal behind her and her family.'

Shah shamelessly flaunted her wealth on the Bravo show, gifting her costars diamond necklaces and hosting lavish parties in their honor. 

She was never without a designer outfit or handbag, and boasted about the size of her walk-in closets.Shah has been on the Salt Lake City franchise of the show since its premiere. 

Her storyline originally centered around her converting to Islam for her football-coach husband, and facing racism in the largely white, Mormon community in Utah.

Her extreme spending and extreme fighting with castmates quickly became focal points of the popular reality show, but they were quickly overshadowed by her legal woes.

Shah was dramatically arrested during filming in March 2021 along with assistant Stuart Smith on suspicion of the federal offenses.

Her arrest was caught on camera by Bravo, with the star begging them to 'turn off' the cameras after she suddenly abandoned filming - claiming there was an emergency with her husband Sharrieff Shah. 

Sharrieff, a special teams coordinator for the University of Utah's football team, received a call from Homeland Security informing him that they were looking for his wife.

Dramatic footage shows Shah leaving filming as the cast were about to leave on a trip to Colorado, with officers caught on camera asking for her whereabouts before she was arrested.  

Smith pleaded guilty in November last year and had agreed to cooperate with federal prosecutors in their case against his old boss - a factor which likely contributed to her switching her plea.

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By Mike Dolan

LONDON, Nov 16 (Reuters) - If financial markets bore the brunt of this year's interest rate shock, housing now stands in the firing line.

And a residential real estate quake would hurt many economies far more, amplifying the bond market ructions of the past 12 months if inflation can't be contained quickly enough to allow central banks to stop tightening in 2023.

Overall housing activity - construction, sales and the related demand for goods and services that goes with housing churn - contributes an estimated 16-18% of gross domestic product annually in the United States and Britain. That's well over $4 trillion for the former and half a trillion in the UK.

With long-term U.S.fixed mortgage rates above 7% for the first time in 20 years, and more than double January rates, U. If you have any thoughts about the place and how to use EVDEn evE nAkLiYaT, you can get in touch with us at the web site. S. housing sales and starts are already feeling the heat.

And as property has ridden the bond bull market of low inflation and interest rates for much those intervening decades - the sub-prime mortgage crash of 2007-2008 apart - any risk of a paradigm shift in that whole picture is a mega concern.

Twenty years ago, after the dot.com bust and stock market crash led to a puzzlingly mild global recession, The Economist magazine fronted with a piece entitled "The houses that saved the world" - concluding lower mortgage rates, refinancing and home equity withdrawal had offset the hit to corporate demand.

But it's much less likely to come to the rescue after this year's stock market swoon, EvDen eve nAkLiyaT if only because interest rates are heading even higher into 2023 and many now fret about potential distress and delinquency in the sector next year.

Some 10% of global fund managers polled by Bank of America this month think real estate in developed economies is the most likely source of another systemic credit event going forward.

And Britain, which even the Bank of England assumes has already entered recession, is particularly vulnerable.

UK homeowners outsize exposure to floating rate mortgages and greater vulnerability to rising unemployment leaves the British market a potential outlier amid the twin hits of rising Bank of England rates and this week's expected fiscal squeeze.

Indeed, many feel the extent of finance minister Jeremy Hunt's dramatic fiscal U-turn away from September's botched giveaway budget is precisely to avoid the sort of brutal BoE rate hit to the housing market that had threatened initially.

British think-tank the National Institute of Economic and Social Research reckons some 2.5 million UK households on variable rate mortgages - about 10% of the total - would be hit hard by further BoE rate rises next year, pushing mortgage costs for about 30,000 beyond monthly incomes if rates hit 5%.

That partly explains why even though money markets still see BoE rates peaking as high as 4.5%, from 3% at present, high-street clearing banks Barclays and HSBC forecast the central bank's terminal rate as low as 3.5% and 3.75% respectively.

NO HOUSING SAVIOUR

Goldman Sachs chief economist Jan Hatzius and team feel the threat of a major credit event in developed housing markets may be overstated - as many mortgage holders are still on low, long-term fixed deals and there are substantial home equity buffers.

But they said Britain stands out nonetheless.

"We see a relatively greater risk of a meaningful rise in mortgage delinquency rates in the UK," Goldman said this month."This reflects the shorter duration of UK mortgages, our more negative economic outlook, and the greater sensitivity of default rates to downturns."

While Australia and New Zealand EVDEN eVe NAkLiyaT have higher variable mortgage rates, British mortgage holders also have a higher vulnerability to rising joblessness.

Goldman estimates that a one percentage point rise in unemployment tends to boost mortgage delinquency rates by more than 20 basis points after one year in Britain - twice as much as the 10bp impact from a similar scenario in the United States.

All of which bodes ill for UK house prices - although forecasts are still far from apocalyptic.

UK estate agent Knight Frank expects nationwide house prices to drop 5% next year and again in 2024, EVden Eve NAKliYAT a cumulative decline of almost 10% but one that only takes average prices back to where they were in the middle of 2021.Further out they see stagnation persisting - with just a 1.5% cumulative gain in the five years to 2026 and London prices basically flat over all that period.

NIESR economist Urvish Patel concurred with the thrust of that - expecting lower house prices over the next couple of years but adding "fears of a house price and housing market collapse because of higher mortgage rates are unlikely to be proved correct".

Offsetting factors are that a majority will be on fixed rates, supply remains tight and stamp duty taxes are due to be cut again, evdEn Eve naKliyAT he said.

But he did point to Bank of England research from 2019 that studied more than 30 years of data and showed that a 1% sustained increase in index-linked UK government bond yields could ultimately result in a fall in real house prices of just under 20%.

Ominously perhaps, 10- and 30-year index-linked gilt yields were at the epicentre of the September budget shock.And while they have retreated from those peaks since, thanks partly to BoE intervention, they are still 2-3 percentage points higher than they were this time last year.

- The opinions expressed here are those of the author, a columnist for Reuters.

(Reporting by Mike Dolan; Editing by Alex Richardson)