Bengaluru: Former Director of Microsoft Ventures and Angel Investors Mukund Mohan was sentenced to two years in prison in the US because of conducting a scheme to cheat to obtain a Covid-19 disaster relief loan.
He was also ordered to pay a fine of $ 100,000 and $ 1,786,357 in the restitution, the US Department of Justice said.
Mohan pleaded guilty of wire fraud and money laundering regarding his scheme to get more than $ 5.5 million in a loan Program Protection Paycheck (PPP) and washing outcomes.
Mohan studied computer science at Mysore University and rose to become a technical director in Microsoft in the US before playing entrepreneurship.
He worked in Bengaluru for several years during his Microsoft Stints.
Ludhiana: The police have submitted FIR to four identified and at least 40 unknown attackers…
Sonīpat / Ludhiana / Ambala: Actor Punjabi - Activist Activist Deep Sidhu, who died in…
PATIALA / MANSA / BARNALA: Attacking Prime Minister Narendra Modi and AAP National Convener Kejriawal,…
Jalandhar: BJP and AAM AAM AADMI parties are one party, Secretary General of the Ajay…
Ludhiana: Minister of Union Culture Meenakshi Lekhi while campaigning to support the BJP candidate from…
Machhiwara (Ludhiana): AAM AAM AADMI Party (AAP) Head of Punjab Candidate and Members of Parliament…