****UPDATED April 20, 2020: Kishore Pallapothu was sentenced to 33 months in federal prison, 3 years supervised release and was ordered to pay $2,500,000 in restitution.
***UPDATED: On April 30, 2019, Kishore Pallapothu pled guilty to Conspiracy, Visa Fraud and Witness Tampering. The government dismissed the indictment against Ragini Vecham aka Ragini Vechman,, Softnet Technology Solutions aka Sonoma Staffing, Inc., Ramana Reddy, Rose 23 Hayward LLC, Sage 20 Hayward LLC, Jasmine 20 Hayward LLC, Tulip Hayward LLC, and Lily Hayward LLC without prejudice.
Originally published 9/8/2015 – Ragini Vecham, 36, Cupertino, California; Kishore Pallapothu, 42, Cupertino, California; Satyanarayana Tota, 45, Sunnyvale, California; and Ramana Reddy, 44, Sunnyvale, California, were indicted for their part in an alleged conspiracy by which individuals used companies to fraudulently submit fraudulent H-1B visa applications and other documents to the U.S. Department of Homeland Security and the U.S. Department of Labor. The companies indicted include Horizon Technologies, Inc., Softnet Technology Solutions, Inc., Rose Hayward LLC, Sage 20 Hayward LLC, Jasmine 20 Hayward LLC, Tulip 26 Hayward LLC, and Lily 20 Hayward LLC. Also according to the indictment, as part of the scheme, Vecham and Pallapothu created and funded numerous limited liability companies for the purpose of purchasing commercial and residential real estate to conceal funds generated from the illegal visa fraud and conceal assets from the Government investigation. Vechum and Pallapothu allegedly also fraudulently obtained several loans to finance the purchases that were then titled in the names of the limited liability companies. Continue Reading…
