(Bloomberg) — A technology executive in the Seattle area was charged with fraudulently applying for more than $5.5 million in U.S. small-business loans and laundering some of the money into his personal Robinhood brokerage account.

Mukund Mohan allegedly applied for eight loans to six companies through the Paycheck Protection Program, a federal stimulus designed to encourage small businesses to keep workers employed during the coronavirus pandemic.

Mohan currently serves as chief technology officer at BuildDirect.com Technologies Inc., a website that connects people with home contractors, according to its website. Before that, he worked for Amazon.com Inc. and Microsoft Corp., according



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