A man from India who law enforcement say tried to defraud a Dodge County resident has been arrested. Sheriff Dale Schmidt says 18 year old Laxit Devendra Patel is charged with conspiracy to commit money laundering and conspiracy to commit theft by false representation. He is being held in the Dodge County Jail on $500,000 cash bail. According to a criminal complaint Latel claimed to be a Federal Trade Commission agent and asked the 61 year old town of Lowell resident to withdraw all of their money from the bank in cash due to a compromised social security number and bank accounts. A person from Chicago was sent to the victim’s residence to pick up the money. Shortly after the transaction occured an undercover law enforcement officer arrested the suspect.