Ex-Microsoft exec admits he tried to swindle $5.5m out of taxpayers with COVID-19 relief loans for bogus biz
Mukund Mohan invented employees, financial figures in application forms Share Copy A former Microsoft executive has admitted he tried to rip off the US government by claiming $5.5m in COVID-19 funding for a string of fake businesses. Washington-based Mukund Mohan, 48, was charged with one count of wire fraud and one count of money laundering in July. And it all centers around loans from Uncle Sam's Paycheck Protection Program (PPP), which was designed to help companies keep staff on the payroll during the hard times of the pandemic. Four women, including TV star, thought they were inv...
Source: theregister.com