Seattle-area tech exec gets 2 years in prison in $5.5M scheme to defraud COVID relief program A Seattle-area tech executive who attempted to fraudulently obtain COVID-19 disaster relief loans through the Paycheck Protection Program was sentenced… Read More
Seattle-area tech exec pleads guilty in scheme to obtain and launder $5.5M in PPP loans A Washington tech executive charged in a scheme to obtain more than $5.5 million in Paycheck Protection Program (PPP) loans… Read More
Seattle-area tech exec charged with COVID-relief fraud for allegedly seeking $5.5M in PPP loans Mukund Mohan, a Seattle-area tech executive who spent time at Amazon and Microsoft, has been charged by federal prosecutors with… Read More
Seattle-area software engineer charged for attempting to defraud CARES Act of $1.5M Baoke Zhang, a 35-year-old software engineer at ride hailing giant Lyft, is facing bank and wire fraud charges for what… Read More
Startup survival: PPP loans provide lifeline for some, leave others frustrated and ‘helpless’ Rita Hansen was losing sleep and grappling with anxiety. Like many small business owners and startup CEOs, she spent the… Read More
Federal government’s $350B small business relief fund runs out of money in less than 2 weeks The $349 billion earmarked to help small businesses stay afloat during the coronavirus crisis ran out of money Thursday, less… Read More
Startup stimulus? How logjams and ethics are impacting federal loans for tech companies A small business owner in Seattle waited nearly 12 hours to speak with a representative at her credit union, seeking… Read More
