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Prosecutors said that Sharma used the money to pay off unrelated legal debts, fund new business ventures and transferred about $14,000 to an account in India.
Maple Grove Man Pleads Guilty to PPP Fraud Scheme According to court documents, 47-year-old Aditya Sharma, was the founder, CEO, and president of Crosscode Inc., a cloud-based software development company originally headquartered in Maple Grove. In November 2019, Sharma was removed as an officer and terminated from the company by Crosscode’s board of directors. Between May 2020 and July 2020, Sharma created three separate technology companies, Kloudgaze Inc., Neoforma LLC, and Mokume LLC. From April 2020 through August 2020, Sharma applied for 16 loans for $9.6 million through the U.S. Sma...