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Indian-American CEO jailed in US over fraud
short by Ankush Verma / on Wednesday, 30 August, 2023
Kishore Kethineni, the CEO of multiple software development and IT services companies in US' California, has been sentenced to two years in prison for his role in a conspiracy to commit bank fraud. The Indian-American CEO also failed to pay more than $2 million in employment taxes. Kethineni admitted he fraudulently obtained over $3.1 million in loans.
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