Tech exec sentenced to 2 years for $1.8M COVID-19 fraud
A Washington state tech executive has been sentenced to two years in prison after fraudulently obtaining nearly $1.8 million in federal COVID-19 disaster relief loans.
Mukund Mohan, of Clyde Hill, previously worked for Microsoft and Amazon and was making more than $200,000 a year as the chief of technology for the Canadian e-commerce company BuildDirect when he was arrested in July 2020.
The U.S. Attorney’s Office in Seattle said he submitted eight fraudulent Paycheck Protection Program loan applications seeking $5.5 million for companies he purportedly ran, and he actually received almost $1.8 million.
As part of the scheme, Mohan submitted fake and altered documents, including phony federal tax filings and altered incorporation documents. He said one of his companies had dozens of employees when in reality it had none.