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Indian-American tech executive charged for $5.5 mn Covid-19 relief fraud

Mohan, 48, submitted fake and altered documents, including forged federal tax filings and altered incorporation documents in support of Paycheck Protection Program applications

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Federal PPP loans are intended to help businesses retain workers during the coronavirus pandemic

Press Trust of India Washington
An Indian-American tech executive has been arrested for allegedly defrauding over $5.5 million under the coronavirus pandemic relief program, federal authorities have said.
Mohan, 48, submitted fake and altered documents, including forged federal tax filings and altered incorporation documents in support of Paycheck Protection Program (PPP) applications for six shell companies he owned, and then transferred some of the money to his Robinhood brokerage account for his personal benefit, the US Attorney alleged in its complaint.
Federal PPP loans are intended to help businesses retain workers during the coronavirus pandemic, the Seattle Times reported.
In the complaint, the authorities alleged that in support

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First Published: Jul 25 2020 | 11:51 PM IST

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