India has an extradition treaty with the U.S. https://www.state.gov/wp-content/uploads/2019/02/12873-India... sooner or later he'd be back in an orange jump suit
Perhaps they would for a violent criminal or terrorist, but it certainly seems unlikely for a relatively small-time white collar criminal. The fraud totaled $1.5M, this guy isn't exactly Bernie Madoff. Surely the US would not expect the Indian Government to spend multiple millions in operational and resource costs to locate, capture, and extradite a nonviolent criminal who made $1.5M illegally.