Loan taken by showing haunted employee through fake company
– Washington’s Mukund Mohan pleaded guilty to wire fraud and money laundering
Mohan has worked at Microsoft and Amazon
WASHINGTON: An eight-year-old Indian-origin technology executive working in the US has been sentenced to two years in jail for fraudulently taking a relief loan of Rs 15 lakh from the government on the pretext of the COVID pandemic.
According to the US Department of Justice, Mukund Mohan, a resident of Clyde Hill County in Washington state, was convicted of embezzlement and money laundering on March 16.
Mohan, who has previously worked for giants such as Microsoft and Amazon, scammed his fictitious company under the Pay Protection Program announced by the US government and submitted false documents to the government to get loans at a discounted rate.
Before being arrested by the police in July, he had applied for a 500,000 loan from the government for his fictitious company, for which he forged all documents. A local court in Washington last Tuesday sentenced Mohan to two years in prison. According to court documents, Mohan had filed eight applications for a loan of Rs 5 lakh by producing forged and false documents. The documents he had submitted in support of his petitions were also completely bogus, bogus and false, including false income tax filing documents and false documents of his company’s registration.