Some of the CEO’s employees were subjected to IRS audits, authorities said, because the income they reported did not line up with the pay information the company gave to the government.
A Dublin man who served as CEO of multiple Bay Area software companies has been sentenced to two years in prison after failing to pay millions of dollars in employment taxes and defrauding the COVID-19 relief paycheck program.
Kethineni was the owner of four software companies involved in the scheme: BiteGate, Dinenamics, Neelinfo, and TechPMC. Federal authorities said his brothers also owned three other companies involved: Boxstertech, Hiretechforce, and TechGlobalSystems.Between April 2020 and May 2021, Ramsey said in the statement, the brothers conspired to submit falsified payroll records and “fraudulent representations” to obtain the loans.
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