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Tech exec Mukund Mohan sentenced for COVID-19 relief fraud scheme

A large-paid Washington condition tech government was sentenced Tuesday to two yrs guiding bars for illegally obtaining about $1.8 million in federal COVID-19 aid financial loans, federal authorities mentioned.

Mukund Mohan was busted for the scheme in July 2020 as he was raking in an yearly salary of $200,000 as main of engineering for Canadian e-commerce business BuildDirect, in accordance to a Division of Justice press launch.

Mohan, who had past gigs at Microsoft and Amazon, falsified work paperwork in order to fraudulently get the financial loans by the government’s Paycheck Security System for organizations that he purportedly ran, authorities stated.

On the altered documents, Mohan stated 1 of his businesses used dozens of staff members, but in actuality it experienced none.

Mohan experienced no criminal background before this conviction, and his attorneys said he fainted when federal agents knocked on his door.

The tech executive’s lawyers requested a lighter sentence, noting he had only spent $16,500 of the illegally received dough.

Mohan paid back the quantity he spent, the remaining funds was seized by the feds and he was also slapped with a $100,000 good.

With Publish wires

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